Fiduciary Capacity. Underwriter agrees that any purchase payments it receives for the Contracts will be held in a fiduciary capacity and agrees to transfer any such amount to ILIAC within three business days.
Appears in 6 contracts
Samples: Principal Underwriting Agreement (VOYA RETIREMENT INSURANCE & ANNUITY Co), Principal Underwriting Agreement (VOYA RETIREMENT INSURANCE & ANNUITY Co), Underwriting Agreement (VOYA RETIREMENT INSURANCE & ANNUITY Co)