Minnesota Statutes

§ 336.4A-503 — 336.4A-503 INJUNCTION OR RESTRAINING ORDER WITH RESPECT TO FUNDS TRANSFER.

Minnesota § 336.4A-503
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.4A-503 (336.4A-503 INJUNCTION OR RESTRAINING ORDER WITH RESPECT TO FUNDS TRANSFER.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.4A-503 (2026).

Text

For proper cause and in compliance with applicable law, a court may restrain (i) a person from issuing a payment order to initiate a funds transfer, (ii) an originator's bank from executing the payment order of the originator, or (iii) the beneficiary's bank from releasing funds to the beneficiary or the beneficiary from withdrawing the funds. A court may not otherwise restrain a person from issuing a payment order, paying or receiving payment of a payment order, or otherwise acting with respect to a funds transfer.

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Legislative History

1990 c 582 art 1 s 34

Nearby Sections

15
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Bluebook (online)
Minnesota § 336.4A-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.4A-503.