(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 ownership rights in and disposition of the death benefit from a life insurance policy; (f) the choice of law governing the construction of the agreement, except that a court with jurisdiction may apply the law of the legal domicile of either party, if it is fair and equitable; and (g) 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, as defined in Section 81-6-101, to support, health and medical provider expenses, medical insurance, and child care coverage may not be affected by a premarital agreement. Renumbered and Amended by Chapter 366, 2024 General Session
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