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2017 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 4A5 - Miscellaneous Provisions
Section 4A503 - Injunction or restraining order with respect to funds transfer
Universal Citation: 13 PA Cons Stat § 4A503 (2017)
§ 4A503. Injunction or restraining order with respect to funds
transfer. For proper cause and in compliance with applicable law, a court may restrain:
(1) a person from issuing a payment order to initiate a funds transfer;
(2) an originator's bank from executing the payment order of the originator; or
(3) 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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