Prohibited Investments. No part of the custodial funds shall be invested in life insurance contracts, nor may the assets of any Participant's Account be commingled with other property except in a common trust fund or common investment fund [within the meaning of Code Section 408(a)(5)]. All funds shall be invested in shares of such Mutual Funds as Participant shall designate.
Appears in 9 contracts
Samples: Princor Utilities Fund Inc, Princor Blue Chip Fund Inc, Princor Government Securities Income Fund Inc