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MS HB1042
Bill
Status
2/13/2014
Primary Sponsor
Bobby Moak
Click for details
AI Summary
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Creates the Uniform Premarital and Marital Agreements Act effective July 1, 2014, establishing requirements for premarital and marital agreements in Mississippi.
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Requires all premarital and marital agreements to be in writing and signed by both parties, with enforceability not dependent on consideration.
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Establishes grounds for unenforceability including involuntary consent, lack of independent legal representation, inadequate financial disclosure, and unconscionable spousal maintenance or attorney fee provisions.
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Prohibits enforcement of agreement terms that adversely affect child support rights, restrict domestic violence remedies, penalize parties for initiating divorce proceedings, or violate public policy.
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Allows parties to designate governing law from any jurisdiction with a significant relationship to the agreement, provided it does not conflict with Mississippi's fundamental public policy or rights of married women.
Legislative Description
Uniform Premarital and Marital Agreements Act; enact.
Last Action
Died On Calendar
2/13/2014