893.425 Voidable transfers and obligations.

150 words·~1 min read·/wi/chapter-893/893-425-6

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

893.425 Voidable transfers and obligations. An action with respect to a transfer or obligation under ch. 242 shall be barred unless the action is commenced:

(1)Under s. 242.04

(a), not later than 4 years after the transfer is made or the obligation is incurred or, if later, not later than one year after the transfer or obligation is or could reasonably have been discovered by the claimant.

(2)Under s. 242.04

(b)or 242.05

(1), not later than 4 years after the transfer is made or the obligation is incurred.

(3)Under s. 242.05

(2), not later than one year after the transfer is made.

893.425 Note NOTE: The above annotation relates to the Uniform Fraudulent Transfer Act as adopted in ch. 242 prior to the revision and renaming of that chapter to the Uniform Voidable Transactions Law by 2023 Wis. Act 246 .