Extinguishment of cause of action.

  1. Law
  2. Delaware Code
  3. Commerce and Trade
  4. Fraudulent Transfers
  5. Extinguishment of cause of action.

Checkout our iOS App for a better way to browser and research.

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.


Download our app to see the most-to-date content.