Issuance and Administration of Contracts. State Farm shall be responsible for issuing the Contracts and administering the Contracts and the Variable Account, provided, however, that Distributor shall have full responsibility for the securities activities of all persons employed by State Farm, engaged directly or indirectly in the Contract operations, and for the training, supervision and control of such persons to the extent of such activities.
Appears in 4 contracts
Samples: Distribution Agreement (State Farm Life Insurance Co Variable Annuity Separate Act), Distribution Agreement (State Farm Life & Accident Assur Co Var Life Sep Acct), Distribution Agreement (State Farm Life & Accident Ass Co Var Ann Sep Acct)
Issuance and Administration of Contracts. State Farm shall be ----------------------------------------- responsible for issuing the Contracts and administering the Contracts and the Variable Account, provided, however, that Distributor shall have full responsibility for the securities activities of all persons employed by State Farm, engaged directly or indirectly in the Contract operations, and for the training, supervision and control of such persons to the extent of such activities.
Appears in 1 contract
Samples: Exhibit 3 (State Farm Life Insurance Co Variable Annuity Separate Act)
