28 U.S.C. § 3306. Remedies of the United States
- (a)(a)
In General.—
In an action or proceeding under this subchapter for relief against a transfer or obligation, the United States, subject to section 3307 and to applicable principles of equity and in accordance with the Federal Rules of Civil Procedure, may obtain—
- (1)(a)(1)avoidance of the transfer or obligation to the extent necessary to satisfy the debt to the United States;
- (2)(a)(2)a remedy under this chapter against the asset transferred or other property of the transferee; or
- (3)(a)(3)any other relief the circumstances may require.
- (b)(b)
Limitation.—
A claim for relief with respect to a fraudulent transfer or obligation under this subchapter is extinguished unless action is brought—
- (1)(b)(1)under section 3304(b)(1)(A) within 6 years after the transfer was made or the obligation was incurred or, if later, within 2 years after the transfer or obligation was or could reasonably have been discovered by the claimant;
- (2)(b)(2)under subsection (a)(1) or (b)(1)(B) of section 3304 within 6 years after the transfer was made or the obligation was incurred; or
- (3)(b)(3)under section 3304(a)(2) within 2 years after the transfer was made or the obligation was incurred.
(Added Pub. L. 101–647, title XXXVI, § 3611, Nov. 29, 1990, 104 Stat. 4963.)