Common use of Duties of Cbsi Clause in Contracts

Duties of Cbsi. a. Registration Under the 1934 Act. CBSI is registered as a broker-dealer under the Securities Exchange Act of 1934 (the "1934 Act") and has secured and will maintain authorizations, licenses, qualifications, and permits necessary to perform its obligations under this Agreement in those states requested by CMFG Life. b. Membership in the Financial Industry Regulatory Authority. CBSI currently holds and shall maintain a membership in the Financial Industry Regulatory Authority ("FINRA").

Appears in 2 contracts

Samples: Distribution Agreement (CMFG Variable Annuity Account), Distribution Agreement (CMFG Variable Life Insurance Account)

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Duties of Cbsi. a. Registration Under the 2.1 REGISTRATION UNDER THE 1934 Act. ACT --------------------------------------- CBSI is registered as a broker-dealer under the provisions of the Securities Exchange Act of 1934 (the "1934 Act") and has secured and will maintain authorizations, licenses, qualifications, and permits necessary to perform its obligations under this Agreement in those states requested by CMFG LifeMLIC. b. Membership in the Financial Industry Regulatory Authority. CBSI currently holds and shall maintain a membership in the Financial Industry Regulatory Authority ("FINRA").

Appears in 1 contract

Samples: Distribution Agreement (MEMBERS Life Insurance Co)

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Duties of Cbsi. a. Registration Under the 2.1 REGISTRATION UNDER THE 1934 Act. ACT -------------------------------------- CBSI is registered as a broker-dealer under the provisions of the Securities Exchange Act of 1934 (the "1934 Act") and has secured and will maintain authorizations, licenses, qualifications, and permits necessary to perform its obligations under this Agreement in those states requested by CMFG LifeMLIC. b. Membership in the Financial Industry Regulatory Authority. CBSI currently holds and shall maintain a membership in the Financial Industry Regulatory Authority ("FINRA").

Appears in 1 contract

Samples: Distribution Agreement (MEMBERS Life Insurance Co)

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