Delaware § 1309 Extinguishment of cause of action

Delaware Statutes

§ 1309 — Extinguishment of cause of action

Delaware·Title 6·Ch. 13 FRAUDULENT TRANSFERS

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.

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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.

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