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12 Pa.C.S. § 5109

Extinguishment of claim for relief

Known as the Pennsylvania Uniform Voidable Transactions Act

The act spans §§ 12-5101 to 12-5114 (14 sections).

(Dec. 22, 2017, P.L.1249, No.78, eff. 60 days)

A claim for relief with respect to a transfer or obligation under this chapter is extinguished unless action is brought:

(1) under section 5104(a)(1) (relating to transfer or obligation voidable as to present or future creditor), 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; or

(2) under section 5104(a)(2) or 5105(a) (relating to transfer or obligation voidable as to present creditor), not later than four years after the transfer was made or the obligation was incurred.

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