Books and Records Reports. 12. GIAC, each Account, and the Distributor shall cause to be maintained and preserved all books of account and related financial records as are required of it by applicable laws and regulations. The books, accounts and records of GIAC, the Account and Distributor shall be maintained so as to clearly and accurately disclose the nature and details of the transactions. All records maintained by GIAC in connection with this Agreement shall be maintained and held by GIAC on behalf of, and as agent for, the Distributor, whose property they are and shall remain, and such books and records will at all times be subject to inspection by authorized representatives of the SEC and FINRA. GIAC shall have access to all records maintained in connection with the Contracts.
Appears in 11 contracts
Samples: Distribution and Service Agreement (Guardian Separate Account R), Distribution and Service Agreement (Guardian Separate Account R), Distribution and Service Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co)
