Common use of Construction and Governing Law Clause in Contracts

Construction and Governing Law. 11.1 The Custodial Account is established with the intention that it qualify as a custodial account under Code Section 401(f)(2) and that con- tributions thereto be treated under Code Section 403(b)(7)(A) as amounts contributed for annuity contracts, and the provisions of this Agreement shall be construed in accordance with such intention. This Agreement shall be governed by the laws of the State of Missouri, to the extent such laws are not preempted by the laws of the United States, and if applicable the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

Appears in 2 contracts

Samples: content.lincolninvestment.com, content.lincolninvestment.com

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Construction and Governing Law. 11.1 The Custodial Account is established with the intention that it qualify as a custodial account under Code Section 401(f)(2) and that con- tributions contributions thereto be treated under Code Section 403(b)(7)(A) as amounts contributed contrib- uted for annuity contracts, and the provisions of this Agreement shall be construed in accordance with such intention. This Agreement shall be governed gov- erned by the laws of the State of Missouri, to the extent such laws are not preempted by the laws of the United States, and if applicable the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

Appears in 2 contracts

Samples: Custodial Agreement, Custodial Agreement

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