COMPLIANCE WITH CODE SECTION. 72(s) In any event, no payout of benefits provided under the Contract will be allowed that does not satisfy the requirements of Code Section 72(s), as amended from time to time, and any other applicable federal or state law, rules or regulations. These death benefit provisions will be interpreted and administered in accordance with such requirements.
Appears in 22 contracts
Samples: Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny, Please (Variable Annuity-2 Series Account), Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny
COMPLIANCE WITH CODE SECTION. 72(s) In any event, no payout payment of benefits provided under the Contract will be allowed that does not satisfy the requirements of Code Section 72(s), as amended from time to time, and any other applicable federal or state law, rules or regulations. These death benefit provisions will be interpreted and administered in accordance with such requirements.. ILVA-Core 17 Table of Contents SECTION 7: SURRENDERS AND WITHDRAWALS
Appears in 1 contract
COMPLIANCE WITH CODE SECTION. 72(s) In any event, no payout payment of benefits provided under the Contract will be allowed that does not satisfy the requirements of Code Section 72(s), as amended from time to time, and any other applicable federal or state law, rules or regulations. These death benefit provisions will be interpreted and administered in accordance with such requirements.. ILVA-RIA-Core 17
Appears in 1 contract