Common use of Nonforfeitable Account Clause in Contracts

Nonforfeitable Account. The interest of the Participant in the Account may not be assigned, and shall not be subject to alienation, assignment, process, garnishment, attachment, execution or levy of any kind. The Participant’s interest in the Account shall at all times be non-forfeitable.

Appears in 5 contracts

Samples: 403(b)(7) Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!