For proper cause and in compliance with applicable law, a court may restrain: [PL 1991, c. 812, §2 (NEW).] (1). A person from issuing a payment order to initiate a funds transfer; [PL 1991, c. 812, §2 (NEW).] (2). An originator's bank from executing the payment order of the originator; or [PL 1991, c. 812, §2 (NEW).] (3). The beneficiary's bank from releasing funds to the beneficiary or the beneficiary from withdrawing those funds. [PL 1991, c. 812, §2 (NEW).] 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. [PL 1991, c. 812, §2 (NEW).]
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