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2025 California Code
Commercial Code - COM
DIVISION 11 - FUNDS TRANSFERS
CHAPTER 5 - Miscellaneous Provisions
Section 11503.
Universal Citation:
CA Com Code § 11503 (2025)
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11503. 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 Stats. 1990, Ch. 125, Sec. 2.)
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