(a) This section does not apply to:
(1) an action with respect to which this chapter or rules of the board establish specific procedural time limits; or
(2) an action brought under Section 2301.204.
(b) Except as provided by this section, a license holder may not file an action with the board after the fourth anniversary of the date the action accrues.
(c) The limitations period provided by Subsection (b) may be extended for not more than 180 days on a showing that the failure to commence an action in a timely manner was caused by reliance on a fraudulent statement or inducement made by a party to induce a party to refrain from bringing an action.