Wisconsin Statutes 893.425 – Fraudulent transfers
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An action with respect to a fraudulent transfer or obligation under ch. 242 shall be barred unless the action is commenced:
Terms Used In Wisconsin Statutes 893.425
- 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.
- Year: means a calendar year, unless otherwise expressed; "year" alone means "year of our Lord". See Wisconsin Statutes 990.01
(1) Under s. 242.04 (1) (a), within 4 years after the transfer is made or the obligation is incurred or, if later, within one year after the transfer or obligation is or could reasonably have been discovered by the claimant.
(2) Under s. 242.04 (1) (b) or 242.05 (1), within 4 years after the transfer is made or the obligation is incurred.
(3) Under s. 242.05 (2), within one year after the transfer is made or the obligation is incurred.