2005 Vermont Code - § 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 (a)(1) of section 2288 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 (a)(2) of section 2288 or subsection (a) of section 2289 of this title within four years after the transfer was made or the obligation was incurred; or

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