A claim for relief with respect to a transfer or obligation under this chapter is extinguished unless action is brought as follows:
1. Under section 684.4, subsection 1, paragraph “a”, 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.
2. Under section 684.4, subsection 1, paragraph “b”, or section 684.5, subsection 1, not later than four years after the transfer was made or the obligation was incurred.
3. Under section 684.5, subsection 2, not later than one year after the transfer was made.
94 Acts, ch 1121, §13; 2016 Acts, ch 1040, §9, 15
2016 amendment applies to a transfer made or an obligation incurred, as provided in §684.6, on or after July 1, 2016;