SUSPENSION OR DEFERRAL OF PAYMENTS OR TRANSFERS FROM ANY FIXED ACCOUNT. LNY reserves the right to defer payment for a withdrawal, surrender or transfer from any Fixed Account for the period permitted by law but for not more than six (6) months after Notice is received by LNY. If any payment is deferred by more than 10 working days, interest will be paid as required by New York Insurance Law.
Appears in 7 contracts
Samples: Annuity Contract (Lincoln New York Account N for Variable Annuities), Annuity Contract (Lincoln Life & Annuity Variable Annuity Account H), Annuity Contract (Lincoln Life & Annuity Variable Annuity Account H)