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N.C. Gen. Stat. § 39-23.9

Extinguishment of claim for relief

Known as the Uniform Voidable Transactions Act

The act spans §§ 39-23.1 to 39-23.9B (15 sections).

Applied in 9 court decisions — leading case 243 F. Supp. 2d 472 - Strawbridge v. Sugar Mountain Resort, Inc. (2003)

Most recently applied in Richard Cook v. United States (March 2022)

1997-291, s. 2; 2015-23, s. 1.

How often courts cite this section

200320102020202210
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 claim for relief with respect to a voidable transfer or obligation under this Article is extinguished unless action is brought:

(1) Under G.S. 39-23.4(a)(1), 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 G.S. 39-23.4(a)(2) or G.S. 39-23.5(a), not later than four years after the transfer was made or the obligation was incurred; or

(3) Under G.S. 39-23.5(b), not later than one year after the transfer was made.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.