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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business & Commerce Code § 4A.503: INJUNCTION OR RESTRAINING ORDER WITH RESPECT TO FUNDS TRANSFER.

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Where this section sits in the code
  1. BUSINESS AND COMMERCE CODE
  2. TITLE 1. UNIFORM COMMERCIAL CODE
  3. CHAPTER 4A. FUNDS TRANSFERS
  4. SUBCHAPTER E. MISCELLANEOUS PROVISIONS

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.

Added by Acts 1993, 73rd Leg., ch. 570, Sec. 7, eff. Sept. 1, 1993.

Collected 2026-08-27T01:46:56Z. Source file · JSON

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