PROTECTION OF PROCEEDS. Payments under this Contract may not be assigned by the payee prior to their due dates. To the extent allowed by law, payments are not subject to legal process for debts of a payee.
Appears in 9 contracts
Samples: Annuity Contract (Merrill Lynch Life Variable Annuity Separate Account A), Annuity Contract (Ml of New York Variable Annuity Separate Account A), Ira Annuity Contract (Merrill Lynch Life Variable Annuity Separate Account D)
PROTECTION OF PROCEEDS. Payments under this Contract contract may not be assigned by the payee prior to their due dates. To the extent allowed by law, payments are not subject to legal process for debts of a payee.
Appears in 2 contracts
Samples: Annuity Contract (Merrill Lynch Life Variable Annunity Separate Account), Individual Variable Annuity Contract (Penn Mutual Variable Annuity Account Iii)
