A cause of action with respect to a fraudulent transfer or obligation under this article is extinguished unless action is brought:
(1) Under paragraph (1) of subsection (a) of Code Section
18-2-74, 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;
(2) Under paragraph (2) of subsection (a) of Code Section
18-2-74 or subsection (a) of Code Section
18-2-75, within four years after the transfer was made or the obligation was incurred; or
(3) Under subsection (b) of Code Section
18-2-75, within one year after the transfer was made or the obligation was incurred.
Added by 2002 Ga. Laws 427, § 3, eff. 7/1/2002.