§ 28-3109. Extinguishment of cause of action.

Current through October 23, 2012

A cause of action with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought:

(1) Under section 28-3104(a)(1), 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 section 28-3104(a)(2) or section 28-3105(a), within 4 years after the transfer was made or the obligation was incurred; or

(3) Under section 28-3105(b), within 1 year after the transfer was made or the obligation was incurred.

                
                    var val = document.getElementById('citecontent').innerHTML;
                    art.dialog.defaults.title = window.location.href;
                    art.dialog.data('cite', val);
                    art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                    art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');

(Feb. 9, 1996, D.C. Law 11-83, § 2, 42 DCR 6773.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 28-3109.

Legislative History of Laws

For legislative history of D.C. Law 11-83, see Historical and Statutory Notes following § 28-3101.

Uniform Law

This section is based upon § 9 of the Uniform Fraudulent Transfer Act. See Volume 7A, Part II Uniform Laws Annotated, Master Edition, or ULA Database on Westlaw.