31-2-341 . Termination of cause of action. A cause of action with respect to a fraudulent transfer or obligation under this part is terminated unless an action is brought under: (1) 31-2-333 (1)(a) within 4 years after the transfer was made or the obligation was incurred or, if later, within 2 years after the transfer or obligation was or could reasonably have been discovered by the claimant; (2) 31-2-333 (1)(b) or 31-2-334 (1) within 4 years after the transfer was made or the obligation was incurred; or (3) 31-2-334 (2) within 2 years after the transfer was made or the obligation was incurred.
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