§ 1309. Extinguishment of cause of action.
106 words·~1 min read·
/de/title-6/chapter-13-fraudulent-transfers/1309·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A cause of action with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought:
(1)Under § 1304(a)(1) of this title, within 4 years after the transfer was made or the obligation was incurred or, if later, within 1 year after the transfer or obligation was or could reasonably have been discovered by the claimant;
(2)Under § 1304(a)(2) or § 1305(a) of this title, within 4 years after the transfer was made or the obligation was incurred; or
(3)Under § 1305(b) of this title, within 1 year after the transfer was made or the obligation was incurred.