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Common use of JOINT OWNER Clause in Contracts

JOINT OWNER. If there is more than one Owner, each Owner shall be a Joint Owner of the Contract. Joint Owners have equal ownership rights and must each authorize any exercising of those ownership rights under the Contract.

Appears in 11 contracts

Samples: Annuity Contract (Jackson National Separate Account - I), Annuity Contract (Jackson National Separate Account - I), Annuity Contract (Jackson National Separate Account - I)

JOINT OWNER. If there is more than one Owner, each Owner shall be a Joint Owner of the Contract. Joint Owners have equal ownership rights and must each authorize any exercising of those ownership rights under the Contract.. VA340NY 5

Appears in 3 contracts

Samples: Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I)