Nev. Rev. Stat. § 104A.4503

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 104A.4503 - Injunction or restraining order with respect to funds transfer

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.

NRS 104A.4503

Added to NRS by 1991, 447