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.
(Feb. 9, 1996, D.C. Law 11-83, § 2, 42 DCR 6773.)
1981 Ed., § 28-3109.
Uniform Law: This section is based upon § 9 of the Uniform Fraudulent Transfer Act.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Chapter 31 - Fraudulent Conveyances
§ 28–3104. Transfers fraudulent as to present and future creditors
§ 28–3105. Transfers fraudulent as to present creditors
§ 28–3106. When transfer is made or obligation is incurred
§ 28–3107. Remedies of creditors
§ 28–3108. Defenses, liability, and protection of transferee
§ 28–3109. Extinguishment of cause of action