{"data":{"id":"us-mi/mich.-comp.-laws-440.4953","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.4953","heading":"Powers of court with respect to funds transfer.","body":"Sec. 4A503.\n\nFor 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.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-4953","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"53d83e6d0d2cdea4dc53508c03cfa8d98fd65a76f82ec179040baf8d4ec34dfc","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.4952","next":"us-mi/mich.-comp.-laws-440.4954"},"notice":"GroundRules: Original legal text. Not legal advice."}