| |  | | (5)__Reference may not be made to the fact that these |  | funds may represent reinsurance premiums or that the |  | funds have been deposited for any specific purpose. | 
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 |  | | G.__The trust agreement described in paragraph E must be |  | established for the sole use and benefit of the ceding |  | insurer at least to the full extent of the reinsurance |  | vehicle's obligations to the ceding insurer under the |  | contract.__In the case of more than one ceding insurer, a |  | separate trust agreement must be entered into with each |  | ceding insurer and a separate trust account must be |  | maintained for each ceding insurer. | 
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 |  | | H.__The trust agreement described in paragraph E must |  | provide for the trustee to: | 
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 |  | | (1)__Receive assets and hold all assets in a safe |  | place; | 
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 |  | | (2)__Determine that all assets are in a form that the |  | ceding insurer or the trustee, upon direction by the |  | ceding insurer, may whenever necessary negotiate the |  | assets, without consent or signature from the |  | reinsurance vehicle or any other person or entity; | 
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 |  | | (3)__Furnish to the reinsurance vehicle, the |  | superintendent and the ceding insurer a statement of |  | all assets in the trust account referred to in |  | paragraph E reported at fair value upon its inception |  | and at intervals no less frequent than the end of each |  | calendar quarter; | 
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 |  | | (4)__Notify the reinsurance vehicle and the ceding |  | insurer within 10 days of any deposits to or |  | withdrawals from the trust account referred to in |  | paragraph E; | 
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 |  | | (5)__Upon written demand of the ceding insurer, |  | immediately take steps necessary to transfer absolutely |  | all right, title and interest in the assets held in the |  | trust account referred to in paragraph E to the ceding |  | insurer and deliver physical custody of the assets to |  | the ceding insurer; and | 
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 |  | | (6)__Allow no substitutions or withdrawals of assets |  | from the trust account referred to in paragraph E |  | except on written instructions from the ceding insurer. | 
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 |  | | I.__The trust agreement described in paragraph E must provide |  | that at least 30 days but not more than 45 days before |  | termination of the trust account written notification | 
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