New Civil Code Article 43 - Patrimonial effects of the marriage and the change of the marital domicile

Book I : Ch VI : Sec III : Article 43

Article 43.-Patrimonial effects of the marriage and the change of the marital domicile If there is an agreement between the parties, the economic effects of the marriage are determined by the rules of the State selected by both parties. If there is no agreement, the effect is determined by the regulations of the State where they had their first marital domicile. If the parties establish a joint domicile in another State, for a period of five (5) years or more, as long as the rights of third parties are not impaired, the economic regime will be the one of that last State, unless they agree on something different. The court may make the adjustments it deems appropriate if the change in the matrimonial regime was not expressly consented to by the parties, having the effect of depriving one of them of benefits that it would have had under the previous regime. (Translated) <<<>>>> (Original Spanish) Artículo 43.-Efectos patrimoniales del matrimonio y el cambio del domicilio conyugal. Si hay acuerdo entre las partes, los efectos económicos del matrimonio se determinan por las normas del Estado seleccionado por ambas partes. De no haber acuerdo, el efecto se determina por las normas del Estado donde tuvieron su primer domicilio conyugal. Si las partes establecen un domicilio en conjunto en otro Estado, por un plazo de cinco (5) años o más, siempre y cuando no se perjudiquen derechos de terceros, el régimen económico será el de ese último Estado, salvo que acuerden algo distinto. El tribunal puede hacer los ajustes que estime convenientes si el cambio en el régimen matrimonial no fue expresamente consentido por las parte, teniendo el efecto de privar a una de ellas de beneficios que hubiese tenido conforme al régimen anterior.

New Civil Code Nov. 2020

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