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W. Va. Code § 40-1A-9

Extinguishment of claim for relief, cause of action

Known as the Uniform Fraudulent Transfers Act

The act spans §§ 40–40 (15 sections).

Applied in 2 court decisions — leading case Finn v. Alliance Bank (2013)

Most recently applied in Martin Sheehan v. Allen Saoud (May 2016)

A cause of action with respect to a fraudulent transfer or obligation under this article is extinguished unless action is brought:

(a) Under subdivision (1), subsection (a), section four of this article, within four years after the transfer was made or the obligation was incurred or, if later, within one year after the transfer or obligation was or could reasonably have been discovered by the claimant;

(b) Under subdivision (2), subsection (a), section four or subsection (a), section five of this article, within four years after the transfer was made or the obligation was incurred; or

(c) Under subsection (b), section five of this article, within one year after the transfer was made or the obligation was incurred.

Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.