Effective - 28 Aug 1992
428.049. Extinguishment of claim for relief or cause of action. — A claim for relief or cause of action with respect to a fraudulent transfer or obligation under sections 428.005 to 428.059 is extinguished unless action is brought:
(1) Under subdivision (1) of subsection 1 of section 428.024, within four years after the transfer was made or the obligation was incurred or, if later, within one year after the transfer or obligation was or could reasonably have been discovered by the claimant;
(2) Under subdivision (2) of subsection 1 of section 428.024 or subsection 1 of section 428.029, within four years after the transfer was made or the obligation was incurred; or
(3) Under subsection 2 of section 428.029, within one year after the transfer was made or the obligation was incurred.
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(L. 1992 S.B. 448)
Structure Missouri Revised Statutes
Title XXVII - Debtor-Creditor Relations
Chapter 428 - Fraudulent Conveyances and Liens
Section 428.005 - Short title.
Section 428.009 - Definitions.
Section 428.024 - Transfers fraudulent as to present and future creditors.
Section 428.029 - Transfers fraudulent as to present creditors.
Section 428.034 - When transfer is made or obligation is incurred.
Section 428.039 - Remedies of creditors.
Section 428.044 - Defenses, liability, and protection of transferee.
Section 428.049 - Extinguishment of claim for relief or cause of action.
Section 428.054 - Supplementary provisions.
Section 428.059 - Uniformity of applications and construction.
Section 428.105 - Definitions.
Section 428.115 - Lien claimant may petition court, procedure.
Section 428.120 - Petition to declare lien invalid, procedure.
Section 428.125 - Contents of order — remedies — copy of order to be filed.
Section 428.130 - Filing officers not liable.
Section 428.135 - Liability for filing or recording certain documents.