PRINTER'S NO. 3553
No. 2578 Session of 1990
INTRODUCED BY LASHINGER, FOX, NAILOR, CHADWICK, VEON, DeLUCA, FARGO, JOSEPHS, VROON, BILLOW, SEMMEL, MORRIS, TRELLO, MOEHLMANN AND FARMER, MAY 23, 1990
REFERRED TO COMMITTEE ON JUDICIARY, MAY 23, 1990
AN ACT 1 Providing for premarital agreements and making uniform the law 2 relating thereto. 3 The General Assembly of the Commonwealth of Pennsylvania 4 hereby enacts as follows: 5 Section 1. Short title. 6 This act shall be known and may be cited as the Uniform 7 Premarital Agreement Act. 8 Section 2. Definitions. 9 The following words and phrases when used in this act shall 10 have the meanings given to them in this section unless the 11 context clearly indicates otherwise: 12 "Premarital agreement." An agreement between prospective 13 spouses made in contemplation of marriage and to be effective 14 upon marriage. 15 "Property." An interest, present or future, legal or 16 equitable, vested or contingent, in real or personal property, 17 including income and earnings.
1 Section 3. Formalities. 2 A premarital agreement must be in writing and signed by both 3 parties. It is enforceable without consideration. 4 Section 4. Content. 5 (a) General rule.--Parties to a premarital agreement may 6 contract with respect to: 7 (1) The rights and obligations of each of the parties in 8 any of the property of either or both of them whenever and 9 wherever acquired or located. 10 (2) The right to buy, sell, use, transfer, exchange, 11 abandon, lease, consume, expend, assign, create a security 12 interest in, mortgage, encumber, dispose of, or otherwise 13 manage and control property. 14 (3) The disposition of property upon separation, marital 15 dissolution, death or the occurrence or nonoccurrence of any 16 other event. 17 (4) The modification or elimination of spousal support. 18 (5) The making of a will, trust or other arrangement to 19 carry out the provisions of the agreement. 20 (6) The ownership rights in and disposition of the death 21 benefit from a life insurance policy. 22 (7) The choice of law governing the construction of the 23 agreement. 24 (8) Any other matter, including their personal rights 25 and obligations, not in violation of public policy or a 26 statute imposing a criminal penalty. 27 (b) Child support.--The right of a child to support may not 28 be adversely affected by a premarital agreement. 29 Section 5. Effect of marriage. 30 A premarital agreement becomes effective upon marriage. 19900H2578B3553 - 2 -
1 Section 6. Amendment or revocation. 2 After marriage, a premarital agreement may be amended or 3 revoked only by a written agreement signed by the parties. The 4 amended agreement or the revocation is enforceable without 5 consideration. 6 Section 7. Enforcement. 7 (a) General rule.--A premarital agreement is not enforceable 8 if the party against whom enforcement is sought proves that: 9 (1) that party did not execute the agreement 10 voluntarily; or 11 (2) the agreement was unconscionable when it was 12 executed and, before execution of the agreement, that party: 13 (i) was not provided a fair and reasonable 14 disclosure of the property or financial obligation of the 15 other party; 16 (ii) did not voluntarily and expressly waive, in 17 writing, any right to disclosure of the property or 18 financial obligations of the other party beyond the 19 disclosure provided; and 20 (iii) did not have, or reasonably could not have 21 had, an adequate knowledge of the property or financial 22 obligations of the other party. 23 (b) Spousal support.--If a provision of a premarital 24 agreement modifies or eliminates spousal support and that 25 modification or elimination causes one party to the agreement to 26 be eligible for support under a program of public assistance at 27 the time of separation or marital dissolution, a court, 28 notwithstanding the terms of the agreement, may require the 29 other party to provide support to the extent necessary to avoid 30 that eligibility. 19900H2578B3553 - 3 -
1 (c) Issue of unconscionability.--An issue of 2 unconscionability of a premarital agreement shall be decided by 3 the court as a matter of law. 4 Section 8. Enforcement if marriage void. 5 If a marriage is determined to be void, an agreement that 6 would otherwise have been a premarital agreement is enforceable 7 only to the extent necessary to avoid an inequitable result. 8 Section 9. Limitation of actions. 9 A statute of limitations applicable to an action asserting a 10 claim for relief under a premarital agreement is tolled during 11 the marriage of the parties to the agreement. Equitable defenses 12 limiting the time for enforcement, including laches and 13 estoppel, are available to either party. 14 Section 10. Application and construction. 15 This act shall be applied and construed to effectuate its 16 general purpose to make uniform the law with respect to the 17 subject of this act among states enacting it. 18 Section 11. Severability. 19 The provisions of this act are severable. If any provision of 20 this act or its application to any person or circumstance is 21 held invalid, the invalidity shall not affect other provisions 22 or applications of this act which can be given effect without 23 the invalid provision or application. 24 Section 12. Applicability. 25 This act shall apply to any premarital agreement executed on 26 or after the effective date of this act. 27 Section 13. Effective date. 28 This act shall take effect immediately. D25L23MRD/19900H2578B3553 - 4 -