Rules and Regulations
promulgated
under the
Investment Company Act of 1940
Rule 22e-1 -- Exemption from Section 22(e) of the Act During Annuity Payment Period of Variable Annuity Contracts Participating in Certain Registered Separate Accounts
A registered separate account, shall during the annuity
payment period of variable annuity contracts participating in such account, be exempt
from the provisions of section 22(e) of the
Act prohibiting the suspension of the right of redemption or postponement of the
date of payment or satisfaction upon redemption of any redeemable security, with
respect to such contracts under which payments are being made based upon life contingencies.
Notice to Users: The Deskbook is made available
with the understanding that the University of Cincinnati College
of Law is not engaged in rendering legal, accounting or other professional
services. If legal advice or other expert assistance is required,
the services of a competent professional person should be sought. See Terms and Conditions of Use.
