- 15 - dent’s response), respondent alleges that petitioner was able to withdraw during 2003 the 2003 interest on petitioner’s Prudential policy dividend accumulations and the 2003 interest on peti- tioner’s USAA policy dividend accumulations without surrendering the policies in question. However, respondent maintains in that response that, in order to establish that allegation, “testimony from a representative of the insurance companies is necessary”. Thus, according to respondent, a genuine issue of material fact exists “concerning whether the petitioner could have withdrawn the interest in 2003, without surrendering the life insurance policies.” In petitioner’s reply to respondent’s response (petitioner’s reply), petitioner modifies her position in petitioner’s motion that she was required to surrender the policies in question in order to have withdrawn during 2003 the 2003 interest on peti- tioner’s Prudential policy dividend accumulations and the 2003 interest on the USAA policy dividend accumulations. In peti- tioner’s reply, petitioner acknowledges that surrendering those policies was not the only way for her to have been able to make such withdrawals of such interest. In that reply, petitioner concedes that “there are provisions under which dividends can be withdraw[n] with the associated interest.” However, according to petitioner, While dividends can be withdrawn with the associated interest, the reverse is not true. Interest cannot bePage: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 NextLast modified: November 10, 2007