§ 2293 -   Extinguishment of cause of action

§ 2293. Extinguishment of cause of action

A cause of action with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought:

(1) under subdivision 2288(a)(1) of this title within four years after the transfer was made or the obligation was incurred or, if later, within one year after the transfer or obligation was or could reasonably have been discovered by the claimant;

(2) under subdivision 2288(a)(2) or subsection 2289(a) of this title within four years after the transfer was made or the obligation was incurred; or

(3) under subsection 2289(b) of this title, within one year after the transfer was made or the obligation was incurred. (Added 1995, No. 179 (Adj. Sess.), § 14.)