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                                                      PRINTER'S NO. 3553

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

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.
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     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.
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     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.


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