Section 503 - Injunction or restraining order with respect to funds transfer.

UT Code § 70A-4a-503 (2019) (N/A)
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(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.

(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.