Limitation of actions; exception for spendthrift trusts.

NRS

112.230

Limitation of actions; exception for spendthrift trusts.

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

(a) Under paragraph (a) of subsection 1 of NRS 112.180 , within 4 years after the transfer was made or the obligation was incurred or, if later, within 1 year after the transfer or obligation was or could reasonably have been discovered by the claimant;

(b) Under paragraph (b) of subsection 1 of NRS 112.180 or subsection 1 of NRS 112.190 , within 4 years after the transfer was made or the obligation was incurred; or

(c) Under subsection 2 of NRS 112.190 , within 1 year after the transfer was made or the obligation was incurred.

2. This section does not apply to a claim for relief with respect to a transfer of property to a spendthrift trust subject to chapter 166 of NRS.

(Added to NRS by 1987, 13 ; A 1999, 1239 ; 2015, 1423 )