Common use of DELIVERY OF CORPORATE DOCUMENTS Clause in Contracts

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH GOVERNMENT SECURITIES INCOME FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH CAPITAL ACCUMULATION FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH BOND FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH HIGH YIELD FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH CASH MANAGEMENT FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH BLUE CHIP FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR EMERGING GROWTH FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH BALANCED FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH UTILITIES FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH TAX-EXEMPT BOND FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.

DELIVERY OF CORPORATE DOCUMENTS. The Company has delivered or will deliver to the Bank prior to the effective date hereof copies of the following resolutions, properly certified: (a) resolutions of the Board of Directors of the Company appointing the Bank as custodian under the provisions of this Agreement and approving the execution and delivery of this Agreement by the Company; (b) resolutions of the Board of Directors of the Company authorizing the use of the securities depositories listed on Exhibit A hereto in accordance with the provisions of Section 6 hereof; (c) resolutions of the Board of Directors of the Company authorizing the use of Security Pacific National Trust Company (New York) as the Bank's agent in accordance with Section 7 hereof; and *PRINCOR GROWTH TAX-EXEMPT CASH MANAGEMENT FUND, INC. (d) resolutions of the Board of Directors of the Company naming the persons authorized to give instructions to the Bank in accordance with Section 8 hereof.