California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 2 — Special Relations of Debtor and Creditor, Title 2 — Void and Voidable Transfers and Undertakings, Chapter 1 — Uniform Voidable Transactions Act, Section 3439.09

A cause of action with respect to a transfer or obligation under this chapter is extinguished unless action is brought pursuant to subdivision (a) of Section 3439.07 or levy made as provided in subdivision (b) or (c) of Section 3439.07:

(a) Under paragraph (1) of subdivision (a) of Section 3439.04, not later than four years after the transfer was made or the obligation was incurred or, if later, not later than one year after the transfer or obligation was or could reasonably have been discovered by the claimant.

(b) Under paragraph (2) of subdivision (a) of Section 3439.04 or Section 3439.05, not later than four years after the transfer was made or the obligation was incurred.

(c) Notwithstanding any other provision of law, a cause of action under this chapter with respect to a transfer or obligation is extinguished if no action is brought or levy made within seven years after the transfer was made or the obligation was incurred.

Notes

Sets extinguishment periods for voidable-transfer claims: specified intentional-transfer claims must be brought within four years or, if later, one year after actual or reasonably discoverable discovery; other listed claims have four years. Regardless of other law, every chapter claim is extinguished if no action or levy occurs within seven years after the transfer or obligation.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 3439.09 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-2/title-2/chapter-1/section-3439-09

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.