GroundRules
Utah Code § 70A-4a-503: Injunction or restraining order with respect to funds transfer.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-4a Uniform Commercial Code - Funds Transfers
- Part 70A-4a-5 Miscellaneous Provisions
(1) For proper cause and in compliance with applicable law, a court may restrain:
(a) a person from issuing a payment order to initiate a funds transfer;
(b) an originator's bank from executing the payment order of the originator; or
(c) the beneficiary's bank from releasing funds to the beneficiary or the beneficiary from withdrawing the funds.
(2) 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.
Collected 2026-09-03T11:34:34Z. Source file · JSON