Del. Code 6, § 1309 : Commerce And Trade — Fraudulent Transfers — Extinguishment of cause of action Date: 2 Sep 2016 TEXT PDF Current through 2016 Legislative Session, Act 399 A cause of action with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought: (1) Under § 1304(a)(1) of this title, 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; (2) Under § 1304(a)(2) or § 1305(a) of this title, within 4 years after the transfer was made or the obligation was incurred; or (3) Under § 1305(b) of this title, within 1 year after the transfer was made or the obligation was incurred. Del. C. § 1309 70 Del. Laws, c. 434, § 1.;