Minimum Account Value. If the value of Your Custodial Account falls below $300 or such other amount as specified in Your Employer’s Plan, We may, to the extent permitted under the Plan, the Code, and applicable law, close the Account and send the Account value to You or to another custodian or issuer.
Appears in 2 contracts
Sources: 457(b) Individual Custodial Account Agreement, Custodial Account Agreement
Minimum Account Value. If the value of Your Custodial Account falls below $300 or such other amount as specified in Your Employer’s Plan300, We may, to the extent permitted under the Plan, the Code, and applicable law, close the Account and send the Account value to You or to another custodian or issuer.
Appears in 2 contracts
Sources: 403(b) Individual Custodial Account Agreement, 403(b)(7) Individual Custodial Account Agreement