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Senate Bill S924

2009-2010 Legislative Session

Establishes public policy that no antenuptial agreement shall become binding for 30 days during which period either party thereto may withdraw upon notice to other

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Archive: Last Bill Status - In Senate Committee Judiciary Committee

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2009-S924 (ACTIVE) - Details

Current Committee:
Senate Judiciary
Law Section:
General Obligations Law
Laws Affected:
Amd §3-303, Gen Ob L; amd §236, Dom Rel L
Versions Introduced in 2011-2012 Legislative Session:
S2269

2009-S924 (ACTIVE) - Summary

Establishes a public policy that no antenuptial agreement shall become binding for 30 days during which period either party thereto may unilaterally withdraw therefrom upon written notice served personally upon the other person; also requires that such agreements be in writing, subscribed by the parties, and acknowledged or proven in the manner required to entitle a deed to be recorded, and contain the addresses of the parties at which notice of withdrawal may be served.

2009-S924 (ACTIVE) - Sponsor Memo

2009-S924 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   924

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            January 21, 2009
                               ___________

Introduced  by  Sen.  KRUGER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Judiciary

AN ACT to amend the general obligations law and the  domestic  relations
  law,  in  relation to establishing the public policy of the state that
  no antenuptial agreement become binding for thirty days  during  which
  period  either party may withdraw upon written notice to the other and
  requiring such agreements to be in writing and acknowledged

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings and declaration of intent.  The legis-
lature  finds that important rights may be surrendered by contracts made
between persons in contemplation of marriage and  declares  that  public
policy  requires  that  such rights not be surrendered precipitously and
without a period of time during which the parties  may  contemplate  the
consequences  of  their  intended  agreement,  consult  an  attorney for
advice, if necessary, and withdraw unilaterally if that be the  determi-
nation  upon  reflection.    Such  waivers of important rights should be
entered into knowingly and consciously. Moreover,  all  such  agreements
should  be  in  writing, subscribed by both parties, and acknowledged or
proven pursuant to requisite formalities, to reflect the  importance  of
the  undertaking.    Accordingly,  the  legislature declares this act to
reflect the public policy of this state  and  to  be  necessary  in  the
public interest.
  S  2.  Section 3-303 of the general obligations law is amended to read
as follows:
  S 3-303. Contracts in contemplation of  marriage;  ANTENUPTIAL  AGREE-
MENTS.  1.    [A]  EXCEPT  AS  PROVIDED IN THIS SECTION, A contract made
between persons in contemplation of  marriage,  remains  in  full  force
after the marriage takes place.
  2.  AS  USED IN THIS SECTION, AN "ANTENUPTIAL AGREEMENT" IS A CONTRACT
BETWEEN TWO PERSONS WHO  ARE  PROSPECTIVE  SPOUSES,  WHICH  IS  MADE  IN

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06550-01-9
              

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