Common use of Statutory Compliance Clause in Contracts

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will include, but not be limited to, the right to conform this Contract to reflect requirements of the Code and Treasury regulations or published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunder, and federal securities laws. The benefits and values available under this Contract will not be less than the minimum benefits required by any state law that applies.

Appears in 12 contracts

Samples: Separate Acct No 49 of Axa Equitable Life Insurance Co, Equitable Financial Life Insurance Co of America, Equitable Financial Life Insurance Co of America

AutoNDA by SimpleDocs

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will include, but not be limited to, the right to conform this Contract to reflect requirements of changes in the Code and Code, in Treasury regulations or published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunder(ERISA), as amended, and federal securities lawsin Department of Labor regulations. The benefits and values available under this Contract will not be less than the minimum benefits required by any state law that applies.

Appears in 2 contracts

Samples: Separate Account a of Axa Equitable Life Insurance Co, Separate Account a of Axa Equitable Life Insurance Co

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will include, but not be limited to, the right to conform this Contract to reflect requirements of changes in the Code and Code, in Treasury regulations or published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunderERISA, and federal securities lawsin Department of Labor regulations. The benefits and values available under this Contract will not be less than the minimum benefits required by any state law that applies.

Appears in 2 contracts

Samples: Separate Account Va of the Equitable of Colorado Inc, Separate Account Va of the Equitable of Colorado Inc

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will include, but not be limited to, the right to conform this Contract to reflect requirements of the Code and Treasury regulations or published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunder, and federal securities laws. The Any paid-up annuity, cash surrender value or death benefits and values available under this Contract will are not be less than the minimum benefits required by any state law that applies.

Appears in 1 contract

Samples: Separate Account No. 70 of AXA Equitable Life Insurance Co

AutoNDA by SimpleDocs

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will include, but not be limited to, the right to conform this Contract to reflect requirements of changes in the Code and Code, in Treasury regulations or published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunderAct, and federal securities lawsin Department of Labor regulations. The benefits and values available under this Contract will not be less than the minimum benefits required by any state law that applies.

Appears in 1 contract

Samples: Separate Account a of Axa Equitable Life Insurance Co

Statutory Compliance. We have the right to change this Contract without the consent of any other person in order to comply with any laws and regulations that apply. Such right will includeincludes, but is not be limited to, the right to conform the terms of this Contract to reflect requirements of the Code and Code, Treasury regulations or Regulations, published rulings of the Internal Revenue Service, the Employee Retirement Income Security Act of 1974 and regulations thereunder, and federal securities laws. The benefits and values available under , so that this Contract will not continue to be less than the minimum benefits required by any state law that applies.a funding vehicle for a 457(b)

Appears in 1 contract

Samples: Trust Agreement (Separate Account a of Axa Equitable Life Insurance Co)

Time is Money Join Law Insider Premium to draft better contracts faster.