§ 11503 Funds Transfer Court Restraints

Commercial Code·California

AI SummaryVerified

This law says a court can stop someone from sending or receiving money in certain cases, but only if there's a good reason and it follows the rules.

Key Takeaways

•A court can stop a money transfer if there's a good reason, like fraud.
•The court can't stop money transfers just because they feel like it—they need a valid reason.
•This only applies to certain situations, like stopping a scammer from getting paid.

Example

If someone tries to send money to scam someone else, the court can stop the bank from sending that money.

The court can tell the bank to freeze the money transfer if they think it's part of a scam or fraud.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 11503 Funds Transfer Court Restraints

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. (Added by Stats. 1990, Ch. 125, Sec. 2.)

Last verified: January 10, 2026

Key Terms

payment order funds transfer originator’s bank beneficiary’s bank

References

Official text at leginfo.legislature.ca.gov
California Legislature. Commercial Code. Section 11503.

§ 11503 Funds Transfer Court Restraints

Commercial Code·California

AI SummaryVerified

§ 11503 Funds Transfer Court Restraints

This law says a court can stop someone from sending or receiving money in certain cases, but only if there's a good reason and it follows the rules.

Key Takeaways

•A court can stop a money transfer if there's a good reason, like fraud.
•The court can't stop money transfers just because they feel like it—they need a valid reason.
•This only applies to certain situations, like stopping a scammer from getting paid.

Example

If someone tries to send money to scam someone else, the court can stop the bank from sending that money.

The court can tell the bank to freeze the money transfer if they think it's part of a scam or fraud.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 11503 Funds Transfer Court Restraints

Last verified: January 10, 2026

Key Terms

payment order funds transfer originator’s bank beneficiary’s bank

References

Official text at leginfo.legislature.ca.gov
California Legislature. Commercial Code. Section 11503.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References