28 U.S.C. § 3306 : US Code - Section 3306: Remedies of the United States

Search 28 U.S.C. § 3306 : US Code - Section 3306: Remedies of the United States

(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) avoidance of the transfer or obligation to the extent
necessary to satisfy the debt to the United States;
(2) a remedy under this chapter against the asset transferred
or other property of the transferee; or
(3) any other relief the circumstances may require.
(b) Limitation. - A claim for relief with respect to a fraudulent
transfer or obligation under this subchapter is extinguished unless
action is brought -
(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) 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) under section 3304(a)(2) within 2 years after the transfer
was made or the obligation was incurred.