Indiana Code 31-11-3-5. Content; child support unaffected
(1) The rights and obligations of each of the parties in any property of either or both of them whenever and wherever acquired or located.
Terms Used In Indiana Code 31-11-3-5
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- premarital agreement: means an agreement between prospective spouses that:
Indiana Code 31-11-3-2
- property: means an interest, present or future, legal or equitable, vested or contingent, in real and personal property, including income and earnings. See Indiana Code 31-11-3-3
- Statute: A law passed by a legislature.
(A) buy;
(B) sell;
(C) use;
(D) exchange;
(E) abandon;
(F) lease;
(G) consume;
(H) expend;
(I) assign;
(J) create a security interest in;
(K) mortgage;
(L) encumber;
(M) dispose of; or
(N) otherwise manage and control;
property.
(3) The disposition of property upon:
(A) legal separation;
(B) dissolution of marriage;
(C) death; or
(D) the occurrence or nonoccurrence of any other event.
(4) The modification or elimination of spousal maintenance.
(5) The making of:
(A) a will;
(B) a trust; or
(C) other arrangement;
to carry out the provisions of the agreement.
(6) The ownership rights in and disposition of a death benefit from a life insurance policy.
(7) The choice of law governing the construction of the agreement.
(8) Any other matter not in violation of public policy or a statute imposing a criminal penalty, including the personal rights and obligations of the parties.
(b) A premarital agreement may not adversely affect the right of a child to support.
[Pre-1997 Recodification Citation: 31-7-2.5-5.]
As added by P.L.1-1997, SEC.3.