Licensed Assistant. Authorized Selling Firm may allow Producer's Licensed Assistants to perform telephone transactions authorized by the Contract owner if permitted by the current Product prospectus and Company Rules. Authorized Selling Firm is responsible for the supervision of Licensed Assistants. A Licensed Assistant may not perform telephone transactions for any Contract owner prior to being appropriately registered with the NASD as a representative of the Broker-Dealer.
Appears in 3 contracts
Sources: Principal Underwriter Agreement (Riversource of New York Variable Annuity Account 2), Principal Underwriter Agreement (Riversource Life Insurance Co), Principal Underwriter Agreement (Riversource Variable Annuity Account)