Me. Rev. Stat. » Title 14
Maine Revised Statutes

Me. Rev. Stat. tit. 14, § 3580 (2026)

Extinguishment of cause of action

✓ current as of May 2026
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A cause of action with respect to a fraudulent transfer or obligation under this Act is extinguished unless action is brought:   [PL 1985, c. 641, §3 (NEW).]
1.  Intent to defraud.  Under section 3575, subsection 1, paragraph A, within 6 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; or  
[PL 1985, c. 641, §3 (NEW).]
2.  Failure to receive reasonably equivalent value; transfer to insider.  Under section 3575, subsection 1, paragraph B, or section 3576, subsection 1 or 2, within 6 years after the transfer was made or the obligation was incurred.  
[PL 1985, c. 641, §3 (NEW).]
SECTION HISTORY
PL 1985, c. 641, §3 (NEW).
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Notes of Decisions
Cited in 13 cases, 2003–2019 · leading case: McKinnon v. Honeywell Int'l, Inc., 2009 ME 69 (Me. 2009).
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McKinnon v. Honeywell Int'l, Inc., 2009 ME 69 (Me. 2009). · cites it 2× “[4] Title 14 M.R.S. § 3580 (2008) regards fraudulent transfers, and does not apply here.”
Drilling & Blasting Rock Specialists, Inc. v. Paul Rheaume, 2016 ME 131 (Me. 2016). “Title 14 M.R.S. § 3580 (2015) concerns fraudulent transfers and is inapplicable here.”
State of Maine v. Daniel B. Tucci Sr., 2019 ME 51 (Me. 2019). · cites it 3× “§ 859 is not available for actions under the Act.”
Brawn v. Oral Surgery Assocs., 2003 ME 11 (Me. 2003). “14 M.R.S.A. § 3580 (Supp.2002). 3 . Dr. Burns is sued by plaintiffs Dutil and Ellis.”
United States v. Equip. Acquisition Resource, 742 F.3d 743 (7th Cir. 2014). “120 (five years); Maine, Me.Rev.Stat. Ann. tit. 14, § 3580 (six years); Michigan, Mich.”
Kobritz v. Severance, 912 A.2d 1237 (Me. 2007). “14 M.R.S. § 3580. The parties have not raised or discussed the statute of limitations under the Act.”
Finn v. All. Bank, 838 N.W.2d 585 (Minn. Ct. App. 2013). “§ 33-209 (2000); Me.Rev.Stat. Ann. tit. 14, § 3580 (2003) (adopting the UFTA's discovery provision, changing time limit to six years rather than four); Mass.”
U.S. Bank v. Manning (Me. Super. Ct 2018). · cites it 6× “14 M.R.S. § 3580 Defendants move the Court to grant summary judgment on the State's claim for fraudulent transfer pursuant to 14 M.”
Acadia Resources, Inc. v. VMS, LLC, 2017 ME 126 (Me. 2017). “See 14 M.R.S. § 3580 (2016). [¶4] Acadia objected to the motion and argued, among other things, that the motion to dismiss should be treated as a motion for summary judgment because extrinsic evidence showed that the complaint was filed on April 21, 2016, not April 22, 2016, as…”
State of Maine v. Daniel B. Tucci Sr., 2019 ME 51 (Me. 2019). “The Tuccis argue that the State’s action is barred by 14 M.R.S. § 3580(1) (2018), pursuant to which a cause of action with respect to a fraudulent transfer is extinguished unless brought within six years after the transfer or, if later, within one year after the transfer was or…”
Acadia Resources, Inc. v. VMS, LLC, 165 A.3d 365 (Me. 2017). “See 14 M.R.S. § 3580 (2016). [¶ 4] Acadia objected to the motion and argued, among other things, that the motion to dismiss should be treated as a motion for.”
Acadia Resources, Inc. v. VMS, LLC, 165 A.3d 365 (Me. 2017). “See 14 M.R.S. § 3580 (2016). [¶ 4] Acadia objected to the motion and argued, among other things, that the motion to dismiss should be treated as a motion for.”
Show all 13 citing cases →
— Me. Rev. Stat. tit. 14, § 3580(1) — 3 cases
State of Maine v. Daniel B. Tucci Sr., 2019 ME 51 (Me. 2019). “§ 859 is not available for actions under the Act.”
State of Maine v. Daniel B. Tucci Sr., 2019 ME 51 (Me. 2019). “The Tuccis argue that the State’s action is barred by 14 M.R.S. § 3580(1) (2018), pursuant to which a cause of action with respect to a fraudulent transfer is extinguished unless brought within six years after the transfer or, if later, within one year after the transfer was or…”
U.S. Bank v. Manning (Me. Super. Ct 2018). “14 M.R.S. § 3580 Defendants move the Court to grant summary judgment on the State's claim for fraudulent transfer pursuant to 14 M.”
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