Distributor. Section 3.3 of the Participation Agreement is replaced with the following: The Distributor represents and warrants that: (i) the Distributor is a limited partnership duly organized and in good standing under New York law; (ii) the Distributor is registered as a broker-dealer under federal and applicable state securities laws and is a member in good standing of FINRA; (iii) the Distributor is registered as an investment adviser under federal securities laws; and (iv) it complies with the requirements of Rule 498 and Applicable SEC Guidance in connection with the offer and sale of Fund Shares as specified in this Amendment.
Appears in 13 contracts
Samples: Second Amendment to Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Second Amendment to Participation Agreement (Principal Life Insurance Co Separate Account B), Participation Agreement (Farmers Variable Life Separate Account A)
