North Dakota § 41-04.1-34 (4A-503) Injunction or restraining order with respect to funds transfer

North Dakota Statutes

§ 41-04.1-34 — (4A-503) Injunction or restraining order with respect to funds transfer

North Dakota § 41-04.1-34

Title 41Uniform Commercial Code

Ch. 41-04.1Funds Transfers

This text of North Dakota § 41-04.1-34 ((4A-503) Injunction or restraining order with respect to funds transfer) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-04.1-34 (2026).

Text

For proper cause and under applicable law, a court may restrain a person from issuing a
payment order to initiate a funds transfer, an originator's bank from executing the payment order
of the originator, 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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For proper cause and under applicable law, a court may restrain a person from issuing a
payment order to initiate a funds transfer, an originator's bank from executing the payment order
of the originator, 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.