Common use of TRANSFER RULES Clause in Contracts

TRANSFER RULES. The transfer rules which apply are stated in the Certificate. A transfer request will not be accepted by Equitable if it involves less than the minimum amount, if any, stated in the Certificate (unless the Annuity Account Value is less than such amount). Equitable has the right to change transfer rules. Any change will be made upon advance notice to the Contract Holder and to each Owner. The Investment Funds may consist of funds which are classified as "Type A" Investment Options or "Type B" Investment Options or any other type which may be specified in the Certificate, as Equitable designates in its discretion for purposes of the transfer rules described in the Certificate. The Certificate will specify whether such Investment Options are designated Type A or Type B, or another type as well as the minimum or maximum limits on transfers which apply.