37:2-32 - Definitions - New Jersey Statutes

37:2-32  Definitions.

37:2-32.  As used in this article:

a."Premarital or pre-civil union agreement" means an agreement between prospective spouses or partners in a civil union couple made in contemplation of marriage or a civil union and to be effective upon marriage or upon the parties establishing a civil union;

b."Property" means an interest, present or future, legal or equitable, vested or contingent, in real or personal property, including income and earnings;

c."Unconscionable premarital or pre-civil union agreement" means an agreement, either due to a lack of property or unemployability:

(1)Which would render a spouse or partner in a civil union couple without a means of reasonable support;

(2)Which would make a spouse or partner in a civil union couple a public charge; or

(3)Which would provide a standard of living far below that which was enjoyed before the marriage or civil union.

Amended 2006, s.103, s.27.