Common use of Exchanges and Transfers Clause in Contracts

Exchanges and Transfers. With respect to amounts exchanged or transferred to this Contract as described in the Control of Contract provision, this Contract imposes distribution restrictions that are not less stringent than those imposed under the contract being exchanged or under the transfer or plan, whichever is applicable, in accordance with Section 1.403(b)-10(b)(2) of the Treasury Regulations.

Appears in 3 contracts

Samples: Group Combination Deferred Annuity Contract (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Combination Deferred Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Group Combination Deferred Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Exchanges and Transfers. With respect to amounts exchanged or transferred to this Contract as described in pursuant to the Control of Contract provision, this Contract imposes distribution restrictions that are not less stringent than those imposed under the contract being exchanged or under the transfer or transferor plan, whichever is applicable, in accordance with Section 1.403(b)-10(b)(2) of the Treasury Regulations.

Appears in 1 contract

Samples: Retirement Plan Services Agreement

Exchanges and Transfers. With respect to amounts exchanged or transferred to this Contract as described in the Control of Contract provisioncontract pursuant to Section 7C, this Contract contract imposes distribution restrictions that are not less stringent than those imposed under the contract being exchanged or under the transfer or transferor plan, whichever is applicable, in accordance with Section 1.403(b)-10(b)(2) of the Treasury Regulations.

Appears in 1 contract

Samples: Flexible Premium Individual Deferred Annuity Contract (Separate Account N of Reliastar Life)

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Exchanges and Transfers. With respect to amounts exchanged or transferred to this the Contract as described in the Control of Contract provision, this the Contract imposes distribution restrictions that are not less stringent than those imposed under the contract being exchanged or under the transfer or transferor plan, whichever is applicable, in accordance with Section 1.403(b)-10(b)(2) of the Treasury Regulations.. GC403-IB(XC/SM)-22 [19]

Appears in 1 contract

Samples: Certificate of Group Annuity Coverage (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co)

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