25-2-18.   Content. (a) Parties to a premarital agreement may contract with respect to:

             (1)      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;

             (2)      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;

             (3)      The disposition of property upon separation, marital dissolution, death, or the occurrence or nonoccurrence of any other event;

             (4)      The making of a will, trust, or other arrangement to carry out the provisions of the agreement;

             (5)      The ownership rights in and disposition of the death benefit from a life insurance policy;

             (6)      The choice of law governing the construction of the agreement; and

             (7)      Any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.

     (b) The right of a child to support may not be adversely affected by a premarital agreement.

Source: SL 1989, ch 216, § 3.

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