New Jersey § 12a:4a-503
Full text of New Jersey New Jersey Statutes § 12a:4a-503, with citation guidance and answers to common questions.
§ 12a:4a-503.
For proper cause and in compliance with applicable law, a court may restrain (i) a
person from issuing a payment order to initiate a funds transfer, (ii) an originator's
bank from executing the payment order of the originator, or (iii) 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.
Frequently Asked Questions About New Jersey § 12a:4a-503
What does New Jersey Statutes § 12a:4a-503 cover?
Section 12a:4a-503 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:4a-503?
A common citation format is "New Jersey Statutes § 12a:4a-503" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:4a-503 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.