NRS104A.4503. Injunction or restraining order with respect to funds transfer.

Latest version.

      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.

      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.

(Added to NRS by 1991, 447)

                    
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