Fiduciary Capacity. Distributor agrees that any payments it receives for the Contracts will be held in a fiduciary capacity and agrees to transfer any such amount to the Company promptly.
Appears in 6 contracts
Sources: Distribution Agreement (Pruco Life Insurance Co (RILA/MVA)), Distribution Agreement (Pruco Life Insurance Co (RILA/MVA)), Distribution Agreement (Pruco Life Insurance Co (RILA/MVA))