Provides that a child born to a woman as the result of the implantation of an embryo, which was donated by the genetic parents, or any person or entity with the legal authority to transfer such embryo, is presumed to be the adopted child of the woman and, if married, of her husband. All legal authority to transfer the embryo, and the parental rights of the embryo donor, shall be irrevocably terminated in accordance with the terms of a written instrument executed prior to the implantation or the thawing and implantation of the embryo. A child born as the result of such an embryo implantation shall be afforded all of the legal rights and protection of any child adopted under the laws of this state.