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CO HB1204
Bill
Status
5/17/2013
Primary Sponsor
Bob Gardner
Click for details
AI Summary
HB 13-1204: Uniform Premarital and Marital Agreements Act
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Establishes Colorado's adoption of the Uniform Premarital and Marital Agreements Act, providing comprehensive rules for enforcing premarital and marital agreements signed on or after July 1, 2014.
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Requires all premarital and marital agreements to be in writing and signed by both parties; agreements are enforceable without consideration and become effective upon marriage (premarital) or signing (marital).
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An agreement is unenforceable if a party proves involuntary consent, lack of access to independent legal representation, missing notice of rights waiver, or inadequate financial disclosure; parties must receive reasonable description of the other party's property, liabilities, and income.
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Provisions regarding spousal maintenance, attorney fees, and property allocation are unenforceable if unconscionable at time of enforcement; terms affecting child support, limiting domestic violence remedies, modifying divorce grounds, or penalizing divorce initiation are not enforceable.
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Applies the Act to civil unions and specifies that any affirmation, modification, or waiver of marital rights made after July 1, 2014 must be contained in an enforceable premarital or marital agreement.
Legislative Description
Uniform Premarital And Marital Agreements Act
Last Action
Governor Action - Signed
5/17/2013