CHANGE OF OWNER. Unless restricted by federal tax law, You may assign this Contract before the Annuity Date, but We will not be bound by an assignment unless the request for assignment is signed by You and received by Us. Your rights and those of any other person referred to in this Contract will be subject to the assignment. Certain assignments may be taxable. We do not assume any responsibility for the validity or tax consequences of any assignment. We reserve the right to not recognize assignments if it changes the risk profile of the Owner of the Contract as determined in Our sole discretion.
Appears in 7 contracts
Samples: Contract Data Page (Fs Variable Separate Account), Contract Data Page (Fs Variable Separate Account), Fs Variable Separate Account
CHANGE OF OWNER. Unless restricted by federal tax law, You may assign this Contract before the Annuity Date, but We will not be bound by an assignment unless the request for assignment is signed by You and received by Us. Your rights and those of any other person referred to in this Contract will be subject to the assignment. Certain assignments may be taxable. We do not assume any responsibility for the validity or tax consequences of any assignment. We reserve the right to not recognize assignments if it changes the risk profile of the Owner of the Contract as determined in Our sole discretion.. FS-997-PVGII (5/11) 19
Appears in 1 contract
Samples: Payee (Fs Variable Separate Account)