Mont. Code Ann. § 31-2-341

Termination of cause of action

Known as the Uniform Fraudulent Transfer Act

The act spans §§ 31–31 (31 sections).

Applied in 3 court decisions — leading case Olympic Coast Investment, Inc. v. Wright (In Re Wright) (2007)

Most recently applied in Finn v. Alliance Bank (September 2013)

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

A cause of action with respect to a fraudulent transfer or obligation under this part is terminated unless an action is brought under:

(1) 31-2-333 (1)(a) within 4 years after the transfer was made or the obligation was incurred or, if later, within 2 years after the transfer or obligation was or could reasonably have been discovered by the claimant;

(2) 31-2-333 (1)(b) or 31-2-334 (1) within 4 years after the transfer was made or the obligation was incurred; or

(3) 31-2-334 (2) within 2 years after the transfer was made or the obligation was incurred.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.