Maintenance of Accounting Records. Except as set forth above, MLIC shall maintain and hold, on behalf of and as agent for CBSI, those records pertaining to Registered Annuity Products required to be maintained and preserved by the 1934 Act, any regulations thereunder, and any applicable FINRA rules. All such books and records are, and shall at all times remain, the property of CBSI and shall at all times be subject to inspection by duly authorized officers, auditors, and representatives of CBSI and by the Securities and Exchange Commission, FINRA, and other regulatory authorities having proper jurisdiction.
Appears in 4 contracts
Samples: Distribution Agreement (MEMBERS Life Insurance Co), Distribution Agreement (MEMBERS Life Insurance Co), Distribution Agreement (MEMBERS Horizon Variable Separate Account)
