REVENUE RULING 97-46
1997-2 C.B. 72

[IRS Annotation]
Insurance companies; segregated asset accounts. A life insurance company is not prohibited from transferring assets other than cash from its general asset account to a segregated asset account for qualified pension plans. Rev. Rul. 73-67 revoked.

Rev. Rul. 97-46
Rev. Rul. 73-67, 1973-1 C.B. 330, held that asset transfers between a life insurance company's general asset account and its segregated asset account for qualified pension plans may be made only in cash. Rev. Rul. 73-67 is hereby revoked.

EFFECT ON OTHER REVENUE RULINGS
Rev. Rul. 73-67 is revoked.