658G-4]  Collaborative law participation agreement; requirements.  (a)  A collaborative law participation agreement shall:

     (1)  Be in a record;

     (2)  Be signed by the parties;

     (3)  State the parties' intention to resolve a collaborative matter through a collaborative law process under this chapter;

     (4)  Describe the nature and scope of the matter;

     (5)  Identify the collaborative lawyer who represents each party in the process; and

     (6)  Contain a statement by each collaborative lawyer confirming the lawyer's representation of a party in the collaborative law process.

     (b)  Parties may agree to include in a collaborative law participation agreement additional provisions not inconsistent with this chapter. [L 2012, c 207, pt of §1]