Alabama § 8-9A-9 Extinguishment of Claim for Relief

Alabama Statutes

§ 8-9A-9 — Extinguishment of Claim for Relief

Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 9A Alabama Fraudulent Transfer Act

A claim for relief with respect to a fraudulent transfer under this chapter is extinguished unless action is brought:

(1)Under Section 8-9A-4(a) within 10 years after the transfer of real property was made.

(2)Under Section 8-9A-4(a) within six years after the transfer of personal property was made.

(3)Under Section 8-9A-4(c) or 8-9A-5(a), within four years after the transfer was made when the action is brought by a creditor whose claim arose before the transfer was made.

(4)Under Section 8-9A-4(c), within one year after the transfer was made when the action is brought by a creditor whose claim arose after the transfer was made; or

(5)Under Section 8-9A-5(b), within one year after the transfer was made.

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A claim for relief with respect to a fraudulent transfer under this chapter is extinguished unless action is brought:
(1) Under Section 8-9A-4(a) within 10 years after the transfer of real property was made.
(2) Under Section 8-9A-4(a) within six years after the transfer of personal property was made.
(3) Under Section 8-9A-4(c) or 8-9A-5(a), within four years after the transfer was made when the action is brought by a creditor whose claim arose before the transfer was made.
(4) Under Section 8-9A-4(c), within one year after the transfer was made when the action is brought by a creditor whose claim arose after the transfer was made; or
(5) Under Section 8-9A-5(b), within one year after the transfer was made.

Alabama § 8-9A-9 (Extinguishment of Claim for Relief) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.