New Hampshire Revised Statutes 545-A:9 – Extinguishment of Claim for Relief
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A claim for relief with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought:
I. Under N.H. Rev. Stat. § 545-A:4, I(a), within 4 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;
II. Under N.H. Rev. Stat. § 545-A:4, I(b) or N.H. Rev. Stat. § 545-A:5, I, within 4 years after the transfer was made or the obligation was incurred; or
III. Under N.H. Rev. Stat. § 545-A:5, II, within one year after the transfer was made or the obligation was incurred.
I. Under N.H. Rev. Stat. § 545-A:4, I(a), within 4 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;
Terms Used In New Hampshire Revised Statutes 545-A:9
- Claim: means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. See New Hampshire Revised Statutes 545-A:1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Transfer: means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes payment of money, release, lease, and creation of a lien or other encumbrance. See New Hampshire Revised Statutes 545-A:1
II. Under N.H. Rev. Stat. § 545-A:4, I(b) or N.H. Rev. Stat. § 545-A:5, I, within 4 years after the transfer was made or the obligation was incurred; or
III. Under N.H. Rev. Stat. § 545-A:5, II, within one year after the transfer was made or the obligation was incurred.