Common use of MAINTENANCE OF NET CAPITAL Clause in Contracts

MAINTENANCE OF NET CAPITAL. CBSI shall maintain required net capital at levels which will comply with maximum aggregate indebtedness provisions under the provisions of the 1934 Act, any regulation thereunder, and any FINRA rules.

Appears in 4 contracts

Samples: Distribution Agreement (MEMBERS Horizon Variable Separate Account), Distribution Agreement (MEMBERS Horizon Variable Separate Account), Distribution Agreement (MEMBERS Life Insurance Co)

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MAINTENANCE OF NET CAPITAL. CBSI shall maintain required net capital at levels which will comply with maximum aggregate indebtedness provisions under the provisions of the 1934 Act, any regulation thereunder, and any FINRA rules.

Appears in 2 contracts

Samples: Distribution Agreement (MEMBERS Life Insurance Co), Distribution Agreement (MEMBERS Life Insurance Co)

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