No action for the recovery of any property sold by a guardian or conservator may be maintained by the ward or conservatee or by any person claiming under the ward or conservatee unless commenced within the later of the following times:
(a) Three years after the termination of the guardianship or conservatorship.
(b) When a legal disability to sue exists by reason of minority or otherwise at the time the cause of action accrues, within three years after the removal thereof.
(Enacted by Stats. 1990, Ch. 79.)