HANDLING OF FUNDS. All money collected or received by Representative in the performance of his or her duties under this Agreement shall be only by draft, check or money order and made payable to the Company, its subsidiary or affiliate and shall be held by Representative as the property of the Company, subsidiary or affiliate until safely transmitted to the Company. Representative is authorized to collect only the first investment deposit obtained, or first premium payment on insurance or annuity applications written by Representative.
Appears in 10 contracts
Samples: Registered Representative Agreement (Thrivent Variable Annuity Account A), Registered Representative Agreement (Thrivent Variable Life Account I), Registered Representative Agreement (Tlic Variable Annuity Account A)