554.12503 Injunction or restraining order with respect to funds transfer. For proper cause and in compliance with applicable law, a court may restrain a person from issuing a payment order to initiate a funds transfer, an originator’s bank from executingthe payment order of the originator, or the beneficiary’s bank from releasing funds to thebeneficiary or the beneficiary from withdrawing the funds. A court may not otherwise restraina person from issuing a payment order, paying or receiving payment of a payment order, orotherwise acting with respect to a funds transfer. 92 Acts, ch 1146, §34 Sat Dec 23 11:03:00 2023 Iowa Code 2024, Section 554.12503 (24, 0)
Iowa Legal Code