Current through the 2024 Legislative Session
Section 572C-4 - Requisites of a valid reciprocal beneficiary relationshipIn order to enter into a valid reciprocal beneficiary relationship, it shall be necessary that:
(1) Each of the parties be at least eighteen years old;(2) Neither of the parties be married, a party to another reciprocal beneficiary relationship, or a partner in a civil union;(3) The parties be legally prohibited from marrying one another under chapter 572;(4) Consent of either party to the reciprocal beneficiary relationship has not been obtained by force, duress, or fraud; and(5) Each of the parties sign a declaration of reciprocal beneficiary relationship as provided in section 572C-5.Amended by L 2012, c 267, § 11, eff. 1/1/2012.