78B-2-307 - Within four years.
78B-2-307. Within four years.
An action may be brought within four years:
(1) after the last charge is made or the last payment is received:
(a) upon a contract, obligation, or liability not founded upon an instrument in writing;
(b) on an open store account for any goods, wares, or merchandise; or
(c) on an open account for work, labor or services rendered, or materials furnished;
(2) for a claim for relief or a cause of action under the following sections of Title 25,Chapter 6, Uniform Fraudulent Transfer Act:
(a) Subsection 25-6-5(1)(a), which in specific situations limits the time for action to oneyear, under Section 25-6-10;
(b) Subsection 25-6-5(1)(b); or
(c) Subsection 25-6-6(1); and
(3) for relief not otherwise provided for by law.
Renumbered and Amended by Chapter 3, 2008 General Session