Current through the 2023 Regular Session
Section 40-2-605 - Content(1) Parties to a premarital agreement may contract with respect to: (a) 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;(b) 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;(c) the disposition of property upon separation, marital dissolution, death, or the occurrence or nonoccurrence of any other event;(d) the modification or elimination of spousal support;(e) the making of a will, trust, or other arrangement to carry out the provisions of the agreement;(f) the ownership rights in and disposition of the death benefit from a life insurance policy;(g) the choice of law governing the construction of the agreement; and(h) any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.(2) The right of a child to support may not be adversely affected by a premarital agreement.En. Sec. 5, Ch. 189, L. 1987.