Current through the 2023 Regular Session
Section 31-2-341 - Termination of cause of actionA cause of action with respect to a fraudulent transfer or obligation under this part is terminated unless an action is brought under:
(1)31-2-333(1)(a) within 4 years after the transfer was made or the obligation was incurred or, if later, within 2 years after the transfer or obligation was or could reasonably have been discovered by the claimant;(2)31-2-333(1)(b) or 31-2-334(1) within 4 years after the transfer was made or the obligation was incurred; or(3)31-2-334(2) within 2 years after the transfer was made or the obligation was incurred.En. Sec. 10, Ch. 324, L. 1991; amd. Sec. 1, Ch. 440, L. 2005.