2019 California Code
Civil Code - CIV
DIVISION 4 - GENERAL PROVISIONS
PART 2 - SPECIAL RELATIONS OF DEBTOR AND CREDITOR
TITLE 2 - VOID AND VOIDABLE TRANSFERS AND UNDERTAKINGS
CHAPTER 1 - Uniform Voidable Transactions Act
Section 3439.09.
A cause of action with respect to a transfer or obligation under this chapter is extinguished unless action is brought pursuant to subdivision (a) of Section 3439.07 or levy made as provided in subdivision (b) or (c) of Section 3439.07:
(a) Under paragraph (1) of subdivision (a) of Section 3439.04, not later than four years after the transfer was made or the obligation was incurred or, if later, not later than one year after the transfer or obligation was or could reasonably have been discovered by the claimant.
(b) Under paragraph (2) of subdivision (a) of Section 3439.04 or Section 3439.05, not later than four years after the transfer was made or the obligation was incurred.
(c) Notwithstanding any other provision of law, a cause of action under this chapter with respect to a transfer or obligation is extinguished if no action is brought or levy made within seven years after the transfer was made or the obligation was incurred.
(Amended by Stats. 2015, Ch. 44, Sec. 11. (SB 161) Effective January 1, 2016.)
