Investment of Assets. The Trust agrees to invest its assets in accordance with its investment policies as disclosed in the Prospectus and the provisions of Section 817(h) of the Internal Revenue Code (the "Code") and Treasury Regulation 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity and variable life insurance contracts and any amendments or other modifications to such Section or Regulations.
Appears in 3 contracts
Samples: Participation Agreement (Morgan Stanley Variable Investment Series), Participation Agreement (Separate Account B of Paragon Life Insurance Co), Participation Agreement (Dean Witter Variable Investment Series)
Investment of Assets. The Trust agrees to invest its assets in accordance with its investment policies as disclosed in the Prospectus and the provisions of Section 817(h) of the Internal Revenue Code (the "Code") and Treasury Regulation 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity and variable life insurance contracts and any amendments or other modifications to such Section or Regulations.
Appears in 3 contracts
Samples: Participation Agreement (Dean Witter Variable Investment Series), Participation Agreement (Morgan Stanley Variable Investment Series), Participation Agreement (Dean Witter Variable Investment Series)
Investment of Assets. The Trust agrees to invest its assets in accordance with its investment policies as disclosed in the Prospectus and the provisions of Section 817(h) of the Internal Revenue Code (the "βCode"β) and Treasury Regulation 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity and variable life insurance contracts and any amendments or other modifications to such Section or Regulations.
Appears in 1 contract
Samples: Participation Agreement (Paragon Separate Account B)