Delaware § 1309 Extinguishment of cause of action

Delaware Statutes

§ 1309 — Extinguishment of cause of action

Delaware § 1309

Title6

Ch. 13FRAUDULENT TRANSFERS

This text of Delaware § 1309 (Extinguishment of cause of action) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 6, § 1309 (2026).

Text

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.