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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