2014 Delaware Code
Title 6 - Commerce and Trade
CHAPTER 13. FRAUDULENT TRANSFERS
§ 1309. Extinguishment of cause of action


2 DE Code § 1309 (2014 through 146th Gen Ass) What's This?

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.

70 Del. Laws, c. 434, § 1.;

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