§ 278. Extinguishment of claim for relief. A claim for relief with\nrespect to a transfer or obligation under this article is extinguished\nunless action is brought:\n (a) under paragraph one of subdivision (a) of section two hundred\nseventy-three of this article, not later than four years after the\ntransfer was made or the obligation was incurred or, if later, not later\nthan one year after the transfer or obligation was or could reasonably\nhave been discovered by the claimant;\n (b) under paragraph two of subdivision (a) of section two hundred\nseventy-three or subdivision (a) of section two hundred seventy-four of\nthis article, not later than four years after the transfer was made or\nthe obligation was incurred; or\n (c) under subdivision (b) of section two hundred seventy-four of this\narticle, not later than one year after the transfer was made.\n
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