EXHIBIT 99.B5 INVESTMENT ADVISORY AGREEMENT BETWEEN SM&R CAPITAL FUNDS, INC. AND SECURITIES MANAGEMENT AND RESEARCH, INC.Investment Advisory Agreement • December 19th, 1995 • Sm&r Capital Funds Inc
EXHIBIT 99.B8bSub-Custodian Agreement • December 19th, 1995 • Sm&r Capital Funds Inc • Texas
Securities Management and Research, Inc. (the "Custodian") request that The Moody National Bank of Galveston (the "Sub- Custodian") open a Custody Account (the "Account") for and in the name of the Custodian on behalf of the SM&R Capital Funds, Inc. and all such series, as may be organized, under the (the "Fund") and requests that the Sub-Custodian hold all securities and other property now or hereafter deposited in or held by the Sub-Custodian for each such series of the Account (the "Property"). The Sub-Custodian agrees to open such Account and to provide safekeeping and accounting services, but no investment services for each such series of the Account.
CUSTODIAN CONTRACT BETWEEN SM&R CAPITAL FUNDS, INC. AND SECURITIES MANAGEMENT AND RESEARCH, INC.Custodian Contract • December 19th, 1995 • Sm&r Capital Funds Inc • Texas
UNDERWRITING AGREEMENT BETWEEN SM&R CAPITAL FUNDS, INC. AND SECURITIES MANAGEMENT AND RESEARCH, INC.Underwriting Agreement • December 19th, 1995 • Sm&r Capital Funds Inc
