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Florida Statute Of Frauds, Fraudulent Transfers, And General Assignments Code Section 726.110 - Fraudulent Transfers - Extinguishment of cause of action.

Legal Research Home > Florida Lawyer > Statute Of Frauds Fraudulent Transfers And-general-assignments > Florida Statute Of Frauds, Fraudulent Transfers, And General Assignments Code Section 726.110 - Fraudulent Transfers - Extinguishment of cause of action.

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Title XLI   STATUTE OF FRAUDS, FRAUDULENT TRANSFERS, AND GENERAL ASSIGNMENTS

Chapter 726   FRAUDULENT TRANSFERS

726.110  Extinguishment of cause of action.--A cause of action with respect to a fraudulent transfer or obligation under ss. 726.101-726.112 is extinguished unless action is brought:

(1)  Under s. 726.105(1)(a), 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 s. 726.105(1)(b) or s. 726.106(1), within 4 years after the transfer was made or the obligation was incurred; or

(3)  Under s. 726.106(2), within 1 year after the transfer was made or the obligation was incurred.

History.--s. 10, ch. 87-79.

Last modified: November 21, 2006