§560:1-106 Effect of fraud and evasion. Whenever fraud has been perpetrated in connection with any proceeding or in any statement filed under this chapter or if fraud is used to avoid or circumvent the provisions or purposes of this chapter, any person injured thereby may obtain appropriate relief against the perpetrator of the fraud or restitution from any person (other than a bona fide purchaser) benefitting from the fraud, whether innocent or not. Any proceeding must be commenced within two years after the discovery of the fraud, but no proceeding may be brought against one not a perpetrator of the fraud later than five years after the time of commission of the fraud. This section has no bearing on remedies relating to fraud practiced on a decedent during the decedent's lifetime which affects the succession of the decedent's estate. [L 1996, c 288, pt of §1]
Section: Previous 560-1-101 560-1-101-to-560-1-403 560-1-102 560-1-103 560-1-104 560-1-105 560-1-106 560-1-107 560-1-108 560-1-201 560-1-301 560-1-302 560-1-303 560-1-304 560-1-305 NextLast modified: October 27, 2016