§572C-4  Requisites of a valid reciprocal beneficiary relationship.  In 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. [L 1997, c 383, pt of §1; am L 2012, c 267, §11]