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The DC Code: § 28-3109 Extinguishment of cause of action.

Index28 Commercial Instruments and Transactions. (Refs & Annos)

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.

Historical and Statutory

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. DC CODE § 28-3109 Current through December 11, 2012

Credits

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