Common use of STATE INSURANCE LAW RESTRICTIONS Clause in Contracts

STATE INSURANCE LAW RESTRICTIONS. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Trust or the Distributor, and that neither the Trust nor the Distributor shall bear any responsibility to the Company, other Participating Insurance Companies or any Product Owners for any such determination or the correctness of such determination. The Company represents that there are no investment restrictions or any other restrictions, limitations or requirements under state insurance law, applicable to any Fund or the Trust or the Distributor as a result of Accounts' investments in a Fund.

Appears in 4 contracts

Samples: Participation Agreement (Forethought Life Insurance Co Separate Account A), Participation Agreement (Forethought Life Insurance Co Separate Account A), Participation Agreement (Forethought Life Insurance Co Separate Account A)

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