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The Marital Property Act

R.S.M. 1987, c. M45

The Marital Property Act

Table of Contents

1 Definitions.
(2) Life insurance, pension plans, etc.
(3) Insurance for business purpose.
PART I
APPLICATION OF ACT
DIVISION 1 APPLICATION TO SPOUSES
2 Married persons.
(2) Voidable marriages.
(3) Void marriages.
(4) Spouses living separately on May 6, 1977.
3 Assets generally.
4 Assets acquired during marriage and cohabitation.
(2) Assets acquired before marriage.
(3) Appreciation, depreciation, income.
(4) Negative value.
5 Assets disposed of by spousal agreement.
(2) Provision of Act made inapplicable by agreement.
(3) Provision of Act varied by agreement.
6 Disposal of assets.
(2) Use of marital home.
(3) Use of other family assets.
(4) Asset transferred, etc.
(5) Proceeds of sale.
(6) Proceeds of sale.
(7) Dissipation of asset.
(8) Excessive gift.
(9) Transfer for inadequate consideration.
(10) Recovery from recipient.
(11) Application of subsec. (10).
7 Gift, trust benefit.
(2) Gift of insurance premiums.
(3) Inheritance.
(4) Income, appreciation, depreciation.
(5) Exception.
8 Damage award for personal injury.
(2) Insurance claim for damage to asset.
9 Assets in form of rights.
(2) Life insurance pension plans, etc.
10 Asset already shared.
11 Liabilities.
(2) Negative value.
12 Foreign asset.
PART II
SHARING OF ASSETS
13 Right to accounting and equalization.
14 Discretion to vary equal division of family assets.
(2) Discretion to vary equal division of commercial assets.
(3) Conduct not a factor.
15 Accounting and division.
(2) Fair market value.
(3) Valuation of non-marketabie assets.
16 Closing and valuation dates.
17 Method of payment.
PART III
ENFORCEMENT
18 Applications to court.
(2) Hearings in private.
(3) Applicant's statement of assets and liabilities
(4) Respondent's statement of assets and liabilities.
19 Limitation period on death.
(2) Limitation period on divorce and nullity.
(3) Saving provision.
20 Time for complying with order.
(2) Order for sale.
(3) Interest where equitable.
21 Order for preservation of assets.
(2) Grounds for order.
(3) Ex parte order.
22 Burden of proof.
23 Onus of proof in dissipation proceeding.
PART IV
GENERAL
24 Dower Act.
(2) Expiry of rights on death of spouse.