(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.
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