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§ 5109. Extinguishment of claim for relief

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: February 20, 2018

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part IV. Commercial Protection (Refs & Annos)
Chapter 51. Voidable Transactions (Refs & Annos)
Effective: February 20, 2018
12 Pa.C.S.A. § 5109
§ 5109. Extinguishment of claim for relief
A claim for relief with respect to a transfer or obligation under this chapter is extinguished unless action is brought:
(1) under section 5104(a)(1) (relating to transfer or obligation voidable as to present or future creditor), 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; or
(2) under section 5104(a)(2) or 5105(a) (relating to transfer or obligation voidable as to present creditor), not later than four years after the transfer was made or the obligation was incurred.

Credits

1993, Dec. 3, P.L. 479, No. 70, § 1, effective in 60 days. Amended 2017, Dec. 22, P.L. 1249, No. 78, § 2, effective in 60 days [Feb. 20, 2018].
12 Pa.C.S.A. § 5109, PA ST 12 Pa.C.S.A. § 5109
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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