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25-2-18. Content.

(a) Parties to a premarital agreement may contract with respect to:

(1)The rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located;

(2)The right to buy, sell, use, transfer, exchange, abandon, lease, consume, expend, assign, create a security interest in, mortgage, encumber, dispose of, or otherwise manage and control property;

(3)The disposition of property upon separation, marital dissolution, death, or the occurrence or nonoccurrence of any other event;

(4)The making of a will, trust, or other arrangement to carry out the provisions of the agreement;

(5)The ownership rights in and disposition of the death benefit from a life insurance policy;

(6)The choice of law governing the construction of the agreement; and

(7)Any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.

(b) The right of a child to support may not be adversely affected by a premarital agreement.

Source: SL 1989, ch 216, §3.


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