Midland National Life Separate Account C

09/17/2025 | Press release | Distributed by Public on 09/17/2025 12:49

Post-Effective Amendment to Registration Statement by Investment Company (Form 485BPOS)

As filed with the Securities and Exchange Commission on September 17, 2025
Registration Nos. 333-255058; 333-283566
Investment Company Act No. 811-07772
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-4
(File No. 333-283566)
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Pre-Effective Amendment No. __
☐
Post-Effective Amendment No. 6
☒
And
(File Nos. 333-255058; 811-07772)
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Pre-Effective Amendment No. __
☐
Post-Effective Amendment No. 9
☒
and
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 165
☒
Midland National Life Separate Account C
(Exact Name of Registered Separate Account)
Midland National Life Insurance Company
(Exact Name of Insurance Company)
West Des Moines, Iowa 50266-1071
(Address of Insurance Company's Principal Executive Offices)
Insurance Company's Telephone Number, including Area Code:
(877) 586-0240
Name and Address of Agent for Service: Copy to:
Brett L. Agnew, Esq. Dodie C. Kent, Esq.
Senior Vice President, Deputy General Counsel
Eversheds-Sutherland (US) LLP
Midland National Life Insurance Company The Grace Building, 40th Floor
Sammons Financial Group 1114 Avenue of the Americas
8300 Mills Civic Parkway New York, NY 10036-7703
West Des Moines, IA 50266
Approximate Date of Proposed Public Offering: Continuously on and after the effective date of the Registration Statement.
It is proposed that this filing will become effective:
☒ immediately upon filing pursuant to paragraph (b) of Rule 485
Check each box that appropriately characterizes the Registrant(s):
☒ Insurance Company relying on Rule 12h-7 under the Exchange Act
Explanatory Note
This Post-Effective Amendment No. 6 to the Registration Statement on Form N-4 (File No. 333-283566) and Post-Effective Amendment No. 9 to the Registration Statement on Form N-4 (File No. 333-255058) (together, the "Amendments") are being filed solely to amend the Prospectus dated May 1, 2025 to include information about a new Portfolio Company that will be made available as an investment option under the LiveWell Dynamic Annuity Contracts, as reflected in the supplement included herein. Accordingly, the Amendments consist only of the facing page, this explanatory note, a supplement to the Prospectus, an updated Part C, and the signature pages to the Registration Statement. The Amendments incorporate by reference the Prospectus and Statement of Additional Information, each dated May 1, 2025, as supplemented on July 18, 2025, included in Post-Effective Amendment No. 5 to the Registration Statement on Form N-4 (File No. 333-283566)and Post-Effective Amendment No. 8 to the Registration Statement on Form N-4 (File No. 333-255058), each filed on July 18, 2025. The Amendment is not intended to amend or delete any part of the Registration Statements other than as set forth herein.
Supplement dated September 17, 2025
to the Prospectus dated May 1, 2025
for the LiveWell Dynamic Annuity
issued by Midland National Life Insurance Company
through the Midland National Life Separate Account C
This Supplement describes an additional Portfolio Company that is being made available as an investment option under your Contract. Please read this Supplement carefully and retain it with your Prospectus for future reference.
Effective September 30, 2025, the following Portfolio Company will be available as an investment option under the Contract:
Type
Portfolio and Adviser/Subadviser
Current Expenses
Average Annual Total Returns
(as of 12/31/24)
1-Year Return
5-Year Return
10-Year Return
Corporate Bond - General
Fidelity® VIP Investment Grade Bond Svc 2
Fidelity Management & Research Company LLC
0.63% 1.50% 0.20% 1.68%
Additional information is available in the prospectus for the Portfolio Company, which can be amended from time to time and can be found online at www.srslivewell.com/individual-investors-da-prospectuses. You can also request this information at no cost by calling 866-747-3421 or sending an email request to [email protected].
* * *
If you have any questions, please call the Customer Service Center toll-free at 1-866-747-3421, or write the Customer Service Center at Midland National Life Insurance Company, PO Box 9261 Des Moines, IA 50306-9261.
Please retain this supplement for future reference.
Part C
OTHER INFORMATION
Item 27. Exhibits
(a)
Resolution of the Board of Directors of Midland National Life Insurance Company authorizing establishment of Separate Account C (2)
(b) Not Applicable
(c) (1)
Distribution Agreement between Sammons Financial Network, LLC and Midland National Life Insurance Company (19)
(2)
Registered Representative Contract (8)
(d) (1)
Form of Registered Index-Linked and Variable Annuity Contract (18)
(2)
Form of Return of Death Benefit Rider(20)
(3)
Form of Waiver of Surrender Charge Rider(20)
(4)
Form of Participation Rate Crediting Type Endorsement (20)
(e)
Application for Registered Index-Linked and Variable Annuity Contract (20)
(f) (1)
Articles of Incorporation of Midland National Life Insurance Company (2)
(2)
By-laws of Midland National Life Insurance Company (2)
(g) Not Applicable
(h) (1)
Participation Agreement between Midland National Life Insurance Company and Fidelity VIP I and VIP II. (5)
(2)
Amendments to Participation Agreement for Fidelity Distributors Corporation/Variable Insurance Products Fund, and Variable Products Fund II. (1)
(3)
Participation Agreement between Midland National Life Insurance Company and Fidelity VIP III. (6)
(4)
Amendments to Participation Agreement for Fidelity Distributors Corporation/Variable Insurance Products
Fund III. (3)
(5)
Participation Agreement between Midland National Life Insurance Company and Janus Capital Management
LLC. (4)
(6)
Rule 22c-2 Agreement between Midland National Life Insurance Company Calvert Distributors, Inc. (7)
(7)
SEC Rule 22c-2 Amendment to Participation Agreement between Midland National Life Insurance Company and Fidelity Distributors Corporation. (7)
(8)
SEC Rule 22c-2 Supplement to Participation Agreement between Midland National Life Insurance Company and Janus Capital Management LLC. (7)
(9)
Rule 22c-2 Shareholder Information Agreement between Midland National and MFS Fund Distributors Inc. (7)
(10)
Participation agreement between Midland National Life Insurance Company and BlackRock. (9)
(11)
Participation agreement between Midland National Life Insurance Company and DWS. (9)
(12)
Participation agreement between Midland National Life Insurance Company and Eaton Vance. (9)
(13)
Participation agreement between Midland National Life Insurance Company and Franklin Templeton. (9)
(14)
Amendment to Participation agreement between Midland National Life Insurance Company and Franklin Templeton. (9)
(15)
Participation agreement between Midland National Life Insurance Company and Ivy Funds. (9)
(16)
Participation agreement between Midland National Life Insurance Company and Legg Mason. (9)
(17)
Participation agreement between Midland National Life Insurance Company and Pioneer Funds. (9)
(18)
Participation agreement between Midland National Life Insurance Company and Prudential. (9)
(19)
Participation agreement between Midland National Life Insurance Company and Royce Funds. (9)
(20)
Amendment to Participation agreement between Midland National Life Insurance Company and Janus Capital Management LLC. (9)
(21)
Participation Agreement between Midland National Life Insurance Company and Massachusetts Financial Variable Insurance Trusts. (9)
(22)
Participation Agreement between Midland National Life Insurance Company and Fred Alger Management, Inc. (9)
(23)
Participation Agreement between Midland National Life Insurance Company and Calvert Asset Management Company, Inc. (9)
(24)
Participation Agreement between Midland National Life Insurance Company and Pacific Investment Management Company LLC. (9)
(25)
Participation Agreement between Midland National Life Insurance Company and Rydex Distributors LLC. (9)
(26)
Participation Agreement between Midland National Life Insurance Company and AllianceBernstein. (10)
(27)
Amendment to Participation Agreement between Midland National Life Insurance Company and American
Century. (10)
(28)
Participation Agreement Amended and Restated between Midland National Life Insurance Company and DWS. (10)
(29)
Participation Agreement between Midland National Life Insurance Company and Lazard. (10)
(30)
Participation Agreement between Midland National Life Insurance Company and Lord Abbett. (10)
(31)
Amendment to Participation Agreement between Midland National Life Insurance Company and Northern Lights Variable Trust. (10)
(32)
Amendment to Participation Agreement between Midland National Life Insurance Company and Van Eck. (10)
(33)
Amendment to the Participation Agreement between Midland National Life Insurance Company, American Century Investment Services, Inc. and American Century Investment Management, Inc. (11)
(34)
Summary Prospectus Agreement between Midland National Life Insurance Company and Fidelity Distributors Corporation. (11)
(35)
Amendment to the Participation Agreement between Midland National Life Insurance Company and Janus Aspen Series. (11)
(36)
Amendment to the Participation Agreement between Midland National Life Insurance Company, The Alger American Portfolios and Fred Alger & Company, Incorporated. (12)
(37)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Sammons Financial Network, LLC, AllianceBernstein L.P. and AllianceBernstein Investments, Inc. (12)
(38)
Amendment to the Participation Agreement between Midland National Life Insurance Company, DWS Variable Series I, DWS Variable Series II, DWS Investments VIT Funds, DWS Investment Distributors, Inc. and Deutsche Investment Management Americas Inc. (12)
(39)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Eaton Vance Variable Trust and Eaton Vance Distributors, Inc. (12)
(40)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Sammons Financial Network, LLC, Lazard Asset Management Securities LLC and Lazard Retirement Series, LLC. (12)
(41)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Legg Mason Partners Variable Equity Trust, Legg Mason Partners Variable Income Trust, Legg Mason Investor Services, LLC and Legg Mason Partners Fund Advisor, LLC. (12)
(42)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Lord Abbett Series Fund, Inc.and Lord Abbett Distributor LLC. (12)
(43)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Northern Lights Variable Trust and Northern Lights Distributors, LLC. (12)
(44)
Amendment to the Participation Agreement between Midland National Life Insurance Company, PIMCO Variable Insurance Trust and PIMCO Investments LLC. (12)
(45)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Pioneer Variable Contracts Trust, Pioneer Investment Management, Inc., and Pioneer Funds Distributors, Inc. (12)
(46)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Royce Capital Fund and Royce Fund Services, Inc. (12)
(47)
Participation Agreement between Midland National Life Insurance Company, First Life Investors Series Funds and First Investors Corporation (13)
(48)
Participation Agreement between Midland National Life Insurance Company, Columbia Funds Variable Insurance Trust, Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors,
Inc. (13)
(49)
Participation Agreement between Midland National Life Insurance Company, Columbia Funds Variable Insurance Trust I, Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors,
Inc. (13)
(50)
Participation Agreement between Midland National Life Insurance Company, Columbia Funds Variable Series Trust II, Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (13)
(51)
Participation Agreement between Midland National Life Insurance Company, Wanger Advisors Trust, Columbia Wanger Asset Management, LLC and Columbia Management Investment Distributors, Inc. (13)
(52)
Participation Agreement between Midland National Life Insurance Company, ALPS Variable Investment Trust, ALPS Advisors, Inc and ALPS Portfolio Solutions Distributor, Inc. (14)
(53)
Participation Agreement between Midland National Life Insurance Company, American Funds Distributors, Inc., American Funds Service Company, Capital Research and Management Company, and the American Funds Insurance Series. (14)
(54)
Participation Agreement between Midland National Life Insurance Company, Oppenheimer Variable Account Funds and Oppenheimer Funds, Inc. (14)
(55)
Participation Agreement between Midland National Life Insurance Company, Sammons Financial Network, LLC., Transparent Value Trust, Guggenheim Partners Investment Management, LLC, and ALPS Distributors, Inc. (14)
(56)
Amendment to the Participation Agreement between Midland National Life Insurance Company, BlackRock Variable Series Funds, Inc., and BlackRock Investments, LLC. (14)
(57)
Amendment to the Participation Agreement between Midland National Life Insurance Company, First Life Investors Series Funds and First Investors Corporation. (14)
(58)
Participation Agreement between Midland National Life Insurance Company and T. Rowe Price. (15)
(59)
Amendment to the Participation Agreement between Midland National Life Insurance Company, Legg Mason Partners Variable Equity Trust, Legg Mason Partners Variable Income Trust, Legg Mason Investor Services, LLC and Legg Mason Partners Fund Advisor, LLC. (15)
(60)
Participation Agreement between Midland National Life Insurance Company, Sammons Financial Network, John Hancock Variable Insurance Trust and John Hancock Distributors, LLC (16)
(61)
Participation Agreement between Midland National Life Insurance Company, Federated Insurance Series and Federated Securities Corp. (17)
(k) (1)
Opinion and Consent of Counsel (21)
(l) (1)
Consent of Independent Registered Public Accounting Firm (22)
(m)
Not Applicable
(n)
Not Applicable
(o)
Not Applicable
(p)
Powers of Attorney(21)
(q)
Not Applicable
(r)
Historical Current Limits on Index Gains(21)
1
Incorporated herein by reference to Pre-Effective Amendment No. 2 for Form S-6 on April 23, 1997 (File No. 333-14061)
2
Incorporated herein by reference to Post-Effective Amendment No. 5 for Form N-4 on February 23, 1998 (File No. 33-64016)
3
Incorporated herein by reference to Post-Effective Amendment No. 6 for Form S-6 on February 15, 2001 (File No. 333-14061)
4
Incorporated herein by reference to Post-Effective Amendment No. 5 for Form N-4 on April 28, 2003 (File No. 333-71800)
5
Incorporated herein by reference to Initial N-4 Filing on June 7, 1993 (File 33-64016)
6
Incorporated herein by reference to Post-Effective Amendment No. 4 for Form N-4 on April 29, 1997 (File No. 33-64016)
7
Incorporated herein by reference to Post-Effective Amendment No. 12 for Form N-4 on April 28, 2008 (File No. 333-108437)
8
Incorporated herein by reference to Pre-Effective Amendment No. 1 for Form N-4 on December 15, 2011 (File No. 333-176870)
9
Incorporated herein by reference to Post-Effective Amendment No. 1 for Form N-4 on April 25, 2012 (File No. 333-176870)
10 Incorporated herein by reference to Post-Effective Amendment No. 2 for Form N-4 on September 20, 2012 (File No. 333-176870)
11
Incorporated herein by reference to Post-Effective Amendment No. 8 for Form N-6 on April 26, 2013 (File No. 333-148824)
12
Incorporated herein by reference to Post-Effective Amendment No. 3 for Form N-4 on April 26, 2013 (File No. 333-176870)
13
Incorporated herein by reference to Post-Effective Amendment No. 4 for Form N-4 on July 12, 2013 (File No. 333-176870)
14
Incorporated herein by reference to Post-Effective Amendment No. 7 for Form N-4 on July 25, 2014 (File No. 333-176870)
15
Incorporated herein by reference to Post-Effective Amendment No. 9 for Form N-4 on July 16, 2015 (File No. 333-176870)
16
Incorporated herein by reference to Post-Effective Amendment No. 12 for Form N-4 on April 26, 2018 (File No. 333-176870)
17
Incorporated herein by reference to Post-Effective Amendment No. 13 for Form N-4 on April 29, 2019 (File No. 333-176870)
18
Incorporated herein by reference to Pre-Effective Amendment No. 1 for Form N-4 on December 9, 2021 (File No. 333-255058)
19
Incorporated herein by reference to Post-Effective Amendment No. 1 for Form N-4 on April 29, 2022 (File No. 333-255058)
20
Incorporated herein by reference to Post-Effective Amendment No. 4 for Form N-4 on November 13, 2023 (File No. 333-255058)
21
Incorporated herein by reference to Post-Effective Amendment No. 1 for Form N-4 on April 17, 2025 (File No. 333-283566)
22
Filed herein.
Item 28. Directors and Officers of the Insurance Company
Name and Principal Business Address1
Position and Offices with Depositor
Esfandyar E. Dinshaw President, Chairman of the Board & Chief Executive Officer
Darron K. Ash Director
James Roderick Clark Director
Thomas J. Corcoran Director
Susan T. Deakins Director
George A. Fisk Director
Carl M. Harris
Director
William D. Heinz Director
Gina A. Norris
Director
Gerald R. Blair3
President - Sammons Life Insurance Group
Casey C. Decker
Chief Operating Officer
William L. Lowe President - Sammons Institutional Group and Director
Joseph E. Paul President - Sammons Corporate Markets
Robert R. TeKolste President - Sammons Independent Annuity Group and Director
Brett L. Agnew
Senior Vice President, Deputy General Counsel - Securities & Investments and Assistant Secretary
David C. Attaway
Senior Vice President
Kathleen Bartling2
Chief People Officer
Kelly L. Coomer3
Senior Vice President & Chief Information Officer
Brian D. Hansen
Senior Vice President & Chief Development Officer
Eric Y. Lin Senior Vice President & Corporate Actuary
John D. Melvin Senior Vice President & Chief Investment Officer
Michael L. Mock Senior Vice President - Wealth Management Strategy
Michael A. Pietig
Senior Vice President - Services
Amy E. Teas
Senior Vice President, General Counsel & Secretary
Stacy L. Bagby
Vice President - Sales & Compliance Administration
Marcy L. Baker
Vice President - Risk & Asset Liability Management
Neil A.Berns
Vice President & Chief Strategy Officer-Life
Jamie E. Beyer2
Vice President - Valuation
Bryce A. Biklen
Vice President & Chief Distribution Officer SIAG
Lori L. Bochner Vice President - Marketing
Gregory J. Bonzagni Vice President - National Sales
Eric Boucher
Vice President - Enterprise Risk Management
Kerry Cahill
Vice President - Business & Sales Development
Jackie L. Cockrum
Vice President - New Business Operations
Timothy D. Crawford
Vice President & Associate General Counsel-Life & Annuity Operations
Pam Doeppe Vice President
Nathan L. Driskill
Vice President - Sales MNL
Linda M. Durman
Vice President - Annuity Product Development & Inforce Management
Daniel E. Edsen
Vice President, Chief Financial Officer & Treasurer
Adora M. Ellis
Vice President - Investment Portfolio Management
Kirk P. Evans Vice President - Product Development & Risk Management
Lynne M. Flater
Vice President & Chief Tax Officer
Trent J. Freier
Vice President - Corporate Markets
Patrick Glover
Vice President - Financial Reporting
Christie S. Goodrich
Vice President - Life Product
Cyndi J. Hall
Vice President - Chief Compliance Officer
Jeffrey P. Heppner
Vice President - Information Technology
Jeannie M. Iannello2
Vice President - Life New Business & Underwriting
Robert Johnson, Jr. Vice President - Chief Distribution & Sales Officer MNL
Mark E. Kalinowski3
Vice President - Investment & Hedging Strategies
Tracey E. Knudtson Vice President - Talent & Organizational Development and HR Business Partner
Khen C. Leuk3
Vice President - Chief Underwriting Officer, SFG Bermuda Ltd.
Brent A. Mardis Vice President - Chief Strategy Officer
Kevin W. Mechtley
Vice President - Business Development & Chief Innovation Officer
Paul J. Mocarski Vice President & Chief Information Security Officer
Seth G. Nailor
Vice President - Agency and Customer Support
Katrisha Neisse2
Vice President - Strategy & Business Development- Life
Adam W. Newland
Vice President - Audit
Jackson P. Ode
Vice President - Sales MNL
Cheryl O'Heath3
Vice President - Information Technology
Susan B. Osweiler Vice President - Chief Risk Officer
Varun B. Parekh3
Vice President - Information Technology
Matthew P. Pelham
Vice President - Information Technology
Melissa R. Phillips Vice President - Sales Operations Life
Henry Pietrkowski3
Vice President - Associate General Counsel - Litigation
Amy E. Rider
Vice President - Strategic Risk & Mortality Management
Sarah E. Theis
Vice President & Chief Strategy Officer
Rachelle L. Tieszen2
Vice President - Total Rewards and HR Business Partner
Piera Valle
Vice President - Financial Institutions
Carmen R. Walter
Vice President - Product Development Corporate Markets
Heath C. Williams2
Vice President - Information Technology
Aaron D. Witt
Vice President - Chief Digital & Data Officer
Stephanie Wynne
Vice President - Corporate Development Operations & Integration
Lori DenHerder
Associate Vice President - Compliance Investigations & AML Officer
Logan S. Veurink2
Associate Vice President - Capital Planning & Analysis
Jill Williams3
Associate Vice President - Operational Compliance
1 Unless noted otherwise, the principal business address for each officer and director is 8300 Mills Civic Parkway, West Des Moines, IA 50266
2 One Sammons Plaza, Sioux Falls, SD 57193-9991
3 433 W. Van Buren Street, Chicago, IL 60607
Item 29. Persons Controlled By or Under Common Control With the Insurance Company or Registered Separate Account.
The Insurance Company, Midland National Life Insurance Company (Midland) is an indirect subsidiary of Sammons Enterprises, Inc. The Registered Separate Account is a segregated asset account of Midland. Shares of Sammons Enterprises, Inc. are held by GreatBanc Trust Company, as Trustee of the Sammons Enterprises, Inc. Employee Stock Ownership Trust (ESOT). Other direct or indirect subsidiaries of Sammons Enterprises, Inc. (SEI), as of December 31, 2024, are:
Name of Parent, Subsidiaries Or Affiliates Domiciliary Location If Control is Ownership Provide Percentage
19160 West Bellfort Richmond Owner, LLC DE 100.00
215 Castro LLC DE 100.00
49 North, LLC DE 100.00
5 Burlington Woods JV, LLC DE 44.00
5 Burlington Woods, LLC DE 100.00
550 Capital, Inc. DE 100.00
800 Main Street Providence Village Owner, LLC DE 100.00
ABV Holdings, LLC NC 100.00
Access Plus (Scotland) Ltd. ZZZ 100.00
Aerial Platform Hire Limited IRL 100.00
AIS SIND, LLC DE 100.00
AJ Highland Park Investors, LLC DE 100.00
AJ Renaissance Place Investors, LLC DE 100.00
AK St. Louis Holdings, LLC DE 100.00
AK St. Louis Manager, LLC DE 50.00
AK St. Louis Owner, LLC DE 100.00
Albemarle Solar Center, LLC NC 100.00
Albion 636 Division, LLC DE 100.00
Albion at Beachwood LLC DE 50.00
Albion at Evanston Investors I, LLC DE 100.00
Albion at Evanston, LLC DE 100.00
Albion at Highland Park, LLC DE 100.00
Albion at Murfreesboro, LLC DE 100.00
Albion at New Forum Member, LLC DE 100.00
Albion at Oak Park Investors I, LLC DE 100.00
Albion at Oak Park Member, LLC DE 100.00
Albion at Oak Park, LLC DE 100.00
Albion at Palatine, LLC DE 100.00
Albion at Parklane GP, LLC DE 100.00
Albion at Parklane Limited Partner, LLC DE 100.00
Albion at Renaissance Place, LLC DE 100.00
Albion Columbus 1, LLC DE 100.00
Albion Columbus Investors 1, LLC DE 20.00
Albion Construction LLC DE 100.00
Albion DeVille Member LLC DE 100.00
Albion HoldCo LLC DE 100.00
Albion in the Gulch Investors, LLC DE 100.00
Albion in the Gulch Member, LLC DE 100.00
Albion in the Gulch, LLC DE 100.00
Albion Jacobs Highland Park, LLC DE 100.00
Albion Jacobs Renaissance Place, LLC DE 100.00
Albion Lawrenceville, LLC DE 100.00
Albion Murfreesboro Investors, LLC DE 20.00
Albion Murfreesboro Member, LLC DE 100.00
Albion Music Row II, LLC DE 100.00
Albion Music Row, LLC DE 100.00
Albion on Lake Cook Mezz, LLC DE 100.00
Albion on Lake Cook, LLC DE 100.00
Albion Residential LLC DE 100.00
Albion St. Louis, LLC DE 100.00
AmeyBriggs Fleet and Equipment Limited GBR 50.00
AmeyBriggs Services Holding Limited GBR 50.00
AmeyBriggs Services Limited GBR 100.00
Asheville Resolution Corporation DE 100.00
Aspen Solar, LLC NC 100.00
ATCAP-CCI Atlanta Industrial II, LLC DE 95.00
ATCAP-CCI Atlanta Industrial, LLC DE 92.50
ATCAP-CCI Emerson Industrial, LLC DE 95.00
ATCAP-CCI Flint Industrial, LLC DE 95.00
Atlas Atlanta Cobb International, LLC DE 100.00
Atlas Atlanta II Doan, LLC DE 100.00
Atlas Atlanta II International, LLC DE 100.00
Atlas Atlanta II Park, LLC DE 100.00
Atlas Atlanta II Shackleford, LLC DE 100.00
Atlas Atlanta Mountain Industrial, LLC DE 100.00
Atlas Atlanta Oakcliff, LLC DE 100.00
Atlas Atlanta Royal Atlanta, LLC DE 100.00
Atlas Atlanta Tuckerstone, LLC DE 100.00
Atlas Emerson, LLC (Indianapolis, IN) DE 100.00
Atlas Flint 146, LLC DE 100.00
Atlas Flint Air Center, LLC DE 100.00
Atlas Flint Bergen, LLC DE 100.00
Atlas Flint Dorothy, LLC DE 100.00
Atlas Flint International, LLC DE 100.00
Atlas Flint Lake Emma, LLC DE 100.00
Atlas Flint Park Row, LLC DE 100.00
Balloo Hire Centre Limited IRL 100.00
Balloo Hire Limited IRL 100.00
Balsam Solar, LLC NC 100.00
Bannagroe Limited IRL 100.00
BE Finance Limited GBR 100.00
Beachwood Apartments LLC DE 100.00
Beacon Capital Management, Inc. OH 100.00
Bestow Life Insurance Company IA 100.00
Beulah Belle Grazing Association, LLC WY 100.00
Blulift Limited IRL 100.00
BRE NC Solar 1, LLC NC 100.00
Briggs Equipment Ireland Limited IRL 100.00
Briggs Equipment Mexico, Inc. DE 100.00
Briggs Equipment UK Limited GBR 100.00
Briggs Equipment, S.A. de C.V. MEX 99.00
Briggs Equipment, S.A. de C.V. MEX 1.00
Briggs Industrial Solutions, Inc. DE 100.00
Briggs International, Inc. DE 100.00
Briggs UK Holdings, Inc. DE 100.00
Broadway Solar Center, LLC NC 100.00
Burleson Wilshire Investment Partners, LLC DE 100.00
Canal Reinsurance Company IA 100.00
Cast Iron Energy, LLC DE 100.00
CCE Funding LLC DE 100.00
CCI Alexandria SL LLC DE 100.00
CCI Atlanta Industrial LLC DE 100.00
CCI Bethesda SL LLC DE 100.00
CCI GG Prime 1 LLC DE 100.00
CCI Historic, Inc. DE 100.00
CCI Horizon LLC DE 100.00
CCI Industrial - ATCAP Atlanta II Investor LLC DE 100.00
CCI Industrial - ATCAP Emerson Investor LLC DE 100.00
CCI Industrial - ATCAP Flint Investor LLC DE 100.00
CCI Industrial - JSC Georgetown I Investor LLC DE 100.00
CCI Industrial - JSC Georgetown II Investor LLC DE 100.00
CCI Industrial - JSC Lakeview I Investor LLC DE 100.00
CCI Industrial - JSC Lakeview II - SAF BTS Investor LLC DE 100.00
CCI Industrial - JSC Lakeview II Investor LLC DE 100.00
CCI Industrial - JSC Landis I Investor LLC DE 100.00
CCI Industrial - JSC Landis II Investor LLC DE 100.00
CCI Industrial - KDC Oncor Investor LLC DE 100.00
CCI Industrial - SM Cary Investor LLC DE 100.00
CCI Industrial - SM Locust Grove Investor LLC DE 100.00
CCI Industrial Holdings LLC DE 100.00
CCI JSC Holdings LLC DE 100.00
CCI MAC 5BW LLC DE 100.00
CCI Manager LLC DE 100.00
CCI MF Holdings LLC DE 100.00
CCI MFH - KV San Cierra Investor LLC DE 100.00
CCI MFH - KV Tribeca/Encore Investor LLC DE 100.00
CCI Residential LLC DE 100.00
CCI Retail - GBT TX Sprouts Investor LLC DE 100.00
CCI Retail Holdings LLC DE 100.00
CCI SSL Funding LLC DE 100.00
CCI SSL Holding LLC DE 100.00
CCI Tysons SL, LLC DE 100.00
CCI Westfields Investor LLC (fka CCI Ohana LLC) DE 100.00
CCI/HTC, Inc. DE 100.00
Cedar Solar, LLC NC 100.00
Clemina Hydro Power GP Ltd. CAN 100.00
Clemina Hydro Power LP CAN 99.00
Clemina Hydro Power LP CAN 0.01
Columbia Mountains Power GP Ltd. CAN 100.00
Columbia Mountains Power LP CAN 99.00
Columbia Mountains Power LP CAN 0.01
Community Investments, Inc. DE 100.00
Compatriot Capital, Inc. DE 100.00
Connect18 Energy Holdings, Inc. DE 100.00
Consolidated Investment Services, Inc. DE 100.00
Constitution, LLC DE 100.00
Controladora Briggs de Mexico, S. de R.L. de C.V. MEX 99.00
Controladora Briggs de Mexico, S. de R.L. de C.V. MEX 1.00
Cornwall Solar Center, LLC NC 100.00
Crestwood Solar Center, LLC NC 100.00
Dement Farm, LLC NC 100.00
Duplin Solar II, LLC NC 100.00
Durham Solar, LLC NC 100.00
E2M Holdings, LLC DE 30.00
E2M Partners, LLC DE 100.00
Elm Solar, LLC NC 100.00
English Hydro Power GP Ltd. CAN 100.00
English Hydro Power LP CAN 0.01
English Hydro Power LP CAN 99.00
Enterhealth, LLC TX 21.30
ESA Newton Grove 1 NC, LLC NC 100.00
ESA Selma NC 1, LLC NC 100.00
ESA Smithfield 1 NC, LLC NC 100.00
Flagship Energy, LLC DE 100.00
Forklift Operations de Mexico, S.A. de C.V. MEX 99.00
Forklift Operations de Mexico, S.A. de C.V. MEX 1.00
Forkway (Hire) Limited GBR 100.00
Forkway Group Limited GBR 100.00
Forkway Limited GBR 100.00
Foundation X, LLC DE 100.00
Galway Pland and Tool Hire Limited IRL 100.00
GBT-CCI TX Sprouts JV, LLC DE 82.00
Gerrity Group, LLC DE 100.00
Gerrity Holdings LLC DE 40.00
Gerrity Prime 1, LLC DE 99.00
Gerrity Prime 1, LLC DE 1.00
Gerrity Retail Fund 3 Management, LLC DE 100.00
Gerrity Retail Fund 3, L.P. DE 40.00
Gerrity Retail Fund 3, L.P. DE 0.00
Gerrity Retail Fund 3, L.P. DE 4.30
Gerrity Retail Investors 3, LLC DE 94.70
Gerrity Retail Partners 3, LLC DE 100.00
GFL Access Limited GBR 100.00
GFL Holdings Limited GBR 100.00
Gila Bend Power Partners, LLC DE 100.00
GRF Special, LLC DE 0.00
GRF Special, LLC DE 100.00
Gwynedd Forklifts Limited GBR 100.00
H2 Fuels, Inc. DE 100.00
Harrell's Hill Solar Center, LLC NC 100.00
Heelstone Energy II, LLC DE 100.00
Heelstone Energy III, LLC DE 100.00
Heelstone Energy IV, LLC DE 100.00
Heelstone Energy V, LLC DE 100.00
Heelstone Energy VI, LLC DE 100.00
Heelstone Energy VIII, LLC DE 100.00
Heelstone Energy, LLC DE 100.00
Heelstone Land Holdings, LLC DE 100.00
Heestone Energy VII, LLC DE 100.00
Heyday Insurance Agency LLC DE 100.00
Highland Solar Center, LLC NC 100.00
Hiremech Holdings Limited GBR 100.00
Hiremech Limited GBR 100.00
Hitec Lift Trucks Limited GBR 100.00
HyElement Power, Inc. DE 100.00
Industrial US Holdings, Inc. DE 100.00
Innovative Solar 23, LLC NC 100.00
J.B. Plant Hire (Dungannon) Limited GBR 100.00
J.B. Plant Hire Limited GBR 100.00
Jackson-Shaw Company LLC DE 100.00
Jackson-Shaw Holdings LLC DE 44.75
JLB 2728 Cedar Springs, LP TX 30.00
JLB 2728 Cedar Springs, LP TX 70.00
JLB BUILDERS LLC TX 100.00
JLB CCI Westfields LLC DE 80.00
JLB CCI Westfields LLC DE 11.62
JLB Chapman GP LLC DE 100.00
JLB Chapman LP DE 98.00
JLB Chapman LP DE 100.00
JLB Chapman LP DE 2.00
JLB McLean LLC DE 39.00
JLB McLean LLC DE 21.90
JLB McLean Partners LP DE 65.70
JLB Partners LLC DE 40.00
JLB REALTY LLC TX 100.00
JLB RESIDENTIAL LLC TX 100.00
JLB Stafford Land LP TX 100.00
JLB West Paces Phase I GP LLC TX 100.00
JLB West Paces Phase I L.P. TX 80.00
JLB West Paces Phase I L.P. TX 19.00
JLB West Paces Phase I L.P. TX 1.00
JSC Manager LLC DE 100.00
JSC-CCI Georgetown I JV LLC DE 94.00
JSC-CCI Georgetown I JV LLC DE 3.50
JSC-CCI Georgetown II JV LLC DE 95.00
JSC-CCI Georgetown II JV LLC DE 3.50
JSC-CCI Lakeview I JV LLC DE 95.00
JSC-CCI Lakeview I JV LLC DE 3.50
JSC-CCI Lakeview I LLC DE 100.00
JSC-CCI Lakeview I Mezz LLC DE 100.00
JSC-CCI Lakeview II - SAF BTS, LLC DE 95.00
JSC-CCI Lakeview II - SAF BTS, LLC DE 3.50
JSC-CCI Lakeview II JV LLC DE 95.00
JSC-CCI Lakeview II JV LLC DE 3.50
JSC-CCI Landis I, LLC DE 95.00
JSC-CCI Landis I, LLC DE 3.50
JSC-CCI Landis II, LLC DE 95.00
JSC-CCI Landis II, LLC DE 3.50
K2 Development, LLC DE 100.00
KDC HoldCo LLC DE 25.00
KDC OEDC Investments One LP TX 75.00
KDC Real Estate JV I Controlling GP LLC DE 25.00
KDC Real Estate JV I General Partner LP DE 48.50
KDC Real Estate JV I General Partner LP DE 0.00
KDC Real Estate JV I LP DE 48.40
KDC Real Estate JV I LP DE 0.20
KDC Real Estate JV I Operating LLC DE 100.00
KDC Real Estate JV I REIT LLC DE 100.00
KDC Real Estate JV I REIT LLC DE 0.00
KDC Real Estate JV I REIT Manager LLC DE 25.00
Kenansville Solar Farm, LLC NC 100.00
KV Encore Apartments, LLC DE 100.00
KV San Cierra Apartments, LLC DE 100.00
KV San Cierra Holdings, LLC DE 85.00
KV Tribeca Apartments, LLC DE 100.00
KV Tribeca/Encore Holdings, LLC DE 75.00
Kyle Kohlers Crossing, LLC DE 100.00
Lafayette Solar I, LLC NC 100.00
Laois Hire Services Limited IRL 100.00
Laurinburg Solar, LLC NC 100.00
Legacy KDC Holdings, LLC DE 35.60
Littlefield Solar Center, LLC NC 100.00
Maxim (GB) Limited GBR 100.00
Mexcolift Servicios de Personnel, S. de R.L. de C.V. MEX 99.00
Mexcolift Servicios de Personnel, S. de R.L. de C.V. MEX 1.00
Midland National Life Insurance Company IA 100.00
Midway Wind, LLC DE 100.00
MNL Reinsurance Company IA 100.00
Montacargas Yale de Mexico, S.A. de C.V. MEX 99.00
Montacargas Yale de Mexico, S.A. de C.V. MEX 1.00
Morgan Farm, LLC NC 100.00
My Financial Freedom LLC DE 100.00
Nashville Farms, LLC NC 100.00
Neckar Investments Limited GBR 100.00
New Forum Apartments JV Investors, LLC DE 10.00
New Forum Owner LLC DE 100.00
New Roots M Trust DE 100.00
New Roots N Trust DE 100.00
Neworld Energy Investor LLC DE 90.00
Neworld.Energy Holdings, LLC DE 25.00
Neworld.Energy Holdings, LLC DE 3.00
Neworld.Energy LLC NV 100.00
Nextgen Re Holdings, LLC DE 100.00
Nishhen Denshi Limited GBR 100.00
North American Company for Life and Health Insurance IA 100.00
North Carolina Solar III, LLC NC 100.00
Northern Forklift (Scotland) Limited GBR 100.00
Northrock Financial Services, LLC DE 100.00
Northrock Partners Holdco, LLC DE 55.00
NorthRock Partners Intermediate, LLC DE 55.00
NorthRock Partners Tax Services, LLC DE 100.00
NorthRock Partners, LLC DE 100.00
NRX Hockey, LLC DE 100.00
NRX Holding, LLC DE 100.00
Otter, Inc. OK 100.00
Parkway Mortgage, Inc. DE 100.00
Pathfinder Bison Bend, LLC WY 100.00
Pathfinder Buzzard Bird Ranch, LLC WY 100.00
Pathfinder Cardwell Access Ranch, LLC WY 100.00
Pathfinder Cardwell Ranch, LLC WY 100.00
Pathfinder Dumbell Ranch, LLC WY 100.00
Pathfinder Land and Ranch Management, LLC WY 100.00
Pathfinder Miracle Mile Ranch, LLC WY 100.00
Pathfinder Pathfinder Ranch, LLC WY 100.00
Pathfinder Perkins Ranch, LLC WY 100.00
Pathfinder Ranches, LLC WY 100.00
Pathfinder Sand Creek, LLC WY 100.00
Pathfinder Stewart Creek Ranch, LLC WY 100.00
Pathfinder Sun Ranch, LLC WY 100.00
Pathfinder Two Iron Ranch, LLC WY 100.00
Pent House Associates DE 99.00
Pent House Associates DE 1.00
PR Holdings Inc. DE 100.00
Private Tax Services, LLC DE 100.00
Property Disposition, Inc. DE 100.00
PV Project Holdings I, LLC NC 100.00
PV Project Holdings II, LLC NC 100.00
PV Project Holdings III, LLC NC 100.00
PV Project Holdings IV, LLC NC 100.00
PV Project Holdings V, LLC NC 100.00
Raeford Farm, LLC NC 100.00
Red Hill Solar Center, LLC NC 100.00
Red Toad 1425 A Powatan Road, LLC NC 100.00
Relay Energy Partners, LLC DE 100.00
Rio Bravo Wind Capital, LLC DE 100.00
Rio Bravo Wind Holdings, LLC DE 100.00
Rio Bravo Wind Renewables, LLC DE 100.00
Rio Bravo Windpower, LLC DE 100.00
Rockingham Solar, LLC NC 100.00
Rosemount Holdings Ltd ZZZ 100.00
RSG Hockey, LLC DE 100.00
SAGE Assets, Inc. DE 100.00
Samarcand Solar Farm, LLC NC 100.00
Sammons BW, Inc. DE 100.00
Sammons Capital, Inc. DE 100.00
Sammons Corporation DE 100.00
Sammons Distribution Holdings, Inc. DE 100.00
Sammons Enterprises, Inc. DE 100.00
Sammons Enterprises, Inc. ESOT TX
Sammons Equity Alliance, Inc. DE 100.00
Sammons Financial Group Asset Management, LLC DE 100.00
Sammons Financial Group U.S. Insurance Holdings, LLC DE 100.00
Sammons Financial Group Wealth Management Holdings, LLC DE 100.00
Sammons Financial Group, Inc. DE 100.00
Sammons Financial Network, LLC DE 100.00
Sammons Industrial Capital, LLC DE 100.00
Sammons Industrial, Inc. DE 100.00
Sammons Infrastructure, Inc. DE 100.00
Sammons Institutional Group, Inc. DE 100.00
Sammons Power Development, Inc. DE 100.00
Sammons Renewable Energy Canada Holdings Inc. CAN 100.00
Sammons Renewable Energy Holdings, Inc. DE 100.00
Sammons Securities, Inc. DE 100.00
Sammons Warehouse Solutions, Inc. DE 100.00
Serpentine Hydro Power GP Ltd. CAN 100.00
Serpentine Hydro Power LP CAN 99.00
Serpentine Hydro Power LP CAN 0.01
SFG Bermuda, LTD BM 100.00
SFG Cary Investors, LLC DE 95.00
SFG Cary, LLC DE 100.00
SFG Fortuna, LLC DE 100.00
SFG Locust Grove Investors, LLC DE 95.00
SFG Locust Grove, LLC GA 100.00
SFG Tenura, LLC DE 100.00
Shelby Randolph Road Solar I, LLC NC 100.00
SID Solar I, LLC NC 100.00
Silverstone Alexandria II Owner, LLC DE 100.00
Silverstone Alexandria II, LP DE 90.00
Silverstone Bethesda Owner, LLC DE 100.00
Silverstone Bethesda, LP DE 85.00
Silverstone Senior Living, LLC DE 37.33
Silverstone Tysons Owner, LLC DE 100.00
Silverstone Tysons, LP DE 85.00
SitePro Rentals, Inc. DE 100.00
Ski Partners II, LLC DE 32.75
Ski Partners, LLC DE 32.74
SLBCA Holding LLC DE 100.00
Solberg Reinsurance Company IA 100.00
Solent Forklift Trucks Limited GBR 100.00
Soo Line Building City Apartments LLC DE 100.00
SP Land Company, LLC DE 80.00
SRE Blocker #1, Inc. DE 100.00
SRE Blocker #2, Inc. DE 100.00
SRE Blocker #3, Inc. DE 100.00
SRE Blocker #4, Inc. DE 100.00
SRE DevCo, Inc. DE 100.00
SRE Focalpoint Holdings, Inc. DE 100.00
SRE Focalpoint Member, LLC DE 100.00
SRE Focalpoint, LLC DE 99.50
SRE Hydro Canada Corp CAN 100.00
SRE Hydro Canada General Services Ltd. CAN 100.00
SRE Hydro Canada-1, LLC DE 99.50
SRE Hydro DevCo, Inc. DE 100.00
SRE Midway HoldCo LLC DE 100.00
SRE Midway LLC DE 99.50
SRE Midway Member LLC DE 100.00
SRE NC Solar, LLC DE 99.50
SRE OpCo, Inc. DE 100.00
SRE Rio Bravo, LLC DE 99.50
SRE Solar OpCo, Inc. DE 100.00
SRE Utility Solar 1, LLC DE 100.00
SRE Wind OpCo Inc. DE 100.00
SRK Holdings, LLC NC 100.00
SSL CCI Funding, LLC DE 85.00
Stewart Creek Grazing Association, LLC WY 50.00
Stewart Creek Grazing Association, LLC WY 50.00
Stone Roots M Trust DE 100.00
Stone Roots N Trust DE 100.00
Sweetgum Solar, LLC NC 100.00
Sweetwater River Conservancy Bald and Golden Eagle Bank, LLC WY 100.00
Sweetwater River Conservancy Greater Sage-Grouse Habitat Bank, LLC WY 100.00
Sweetwater River Conservancy Wetland Mitigation Bank, LLC WY 100.00
Sweetwater River Conservancy, LLC WY 100.00
SWS Precision Warehouse Design LLC DE 60.00
SWS ServiceCo, Inc. DE 100.00
Sync Storage Solutions, Inc. DE 100.00
Trail Boss Partners, LLC DE 100.00
Trainingplus.Com Ltd. ZZZ 100.00
Two Crosses Grazing Association, LLC WY 25.00
Two Crosses Grazing Association, LLC WY 25.00
Two Crosses Grazing Association, LLC WY 25.00
Two Crosses Grazing Association, LLC WY 25.00
Van Slyke Solar Center, LLC NC 100.00
VGH/Dallas LLC DE 70.00
Woodbine Legacy Holdings, LLC DE 93.00
Woodbine Legacy Holdings, LLC DE 7.00
Woodbine Legacy Investment Partners, LP DE 45.70
Woodbine Legacy Pref Partners, LP DE 42.10
Wooden Rifle Grazing Association, LLC WY 20.00
Wooden Rifle Grazing Association, LLC WY 20.00
Wooden Rifle Grazing Association, LLC WY 20.00
Wooden Rifle Grazing Association, LLC WY 20.00
Wooden Rifle Grazing Association, LLC WY 20.00
York Road Solar I, LLC NC 100.00
ZV Solar 3, LLC NC 100.00
Item 30. Indemnification
Midland National Life Insurance Company indemnifies actions against all officers, directors, and employees to the full extent permitted by Iowa law. This includes any threatened, pending, or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative. Such indemnification includes expenses, judgments, fines, and amounts paid in settlement of such actions, suits, or proceedings.
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 31a. Relationship of Principal Underwriter to Other Investment Companies
In addition to Midland National Life Separate Account C, Sammons Financial Network, LLC, the principal underwriter/distributor of the Registered Separate Account, is also the principal underwriter/distributor for variable universal life policies issued through Midland National Life Separate Account A.
Item 31b. Principal Underwriters
The directors and principal officers of Sammons Financial Network, LLC are as follows:
Name and Principal Business Address
Positions and Offices with
Sammons Financial Network, LLC
William L. Lowe
8300 Mills Civic Parkway
West Des Moines, IA 50266
President
Christopher Kobes
8300 Mills Civic Parkway
West Des Moines, IA 50266
Chief Compliance Officer-Broker Dealer
Arlen Dykhuis
8300 Mills Civic Parkway
West Des Moines, IA 50266
Financial Operations Principal
Brett Agnew
8300 Mills Civic Parkway
West Des Moines, IA 50266
Corporate Secretary
Item 31c. Compensation of Principal Underwriters
The following commissions and other compensation were received by each principal underwriter, directly or indirectly, from the Registrant during the Registrant's last fiscal year:
(1)
Name of Principal
Underwriter
(2)
Net Underwriting
Discounts and
Commissions*
(3)
Compensation on
Redemption
(4)
Brokerage
Commissions
(5)
Other
Compensation**
Sammons Financial Network, LLC
$32,935,712 $0 $0 $8,923,126
* Represents commissions paid on the LiveWell Variable Annuity, LiveWell Dynamic Annuity, and the Legacy Variable Annuity.
** Represents an underwriting fee paid to Sammons Financial Network, LLC for LiveWell Variable Annuity contract, LiveWell Dynamic Annuity contract, and the Legacy Variable Annuity contract under Separate Account C.
Item 31A. Information about Contract with Index-Linked Options
Name of the Contract Number of Contracts Outstanding Total Value Attributable to the Index-Option Subject to an Adjustment Number of Contracts Sold During the Prior Calendar Year Gross Premiums Received During the Prior Calendar Year Amount of Contract Value Redeemed During the Prior Calendar Year Combination Contract (Yes/No)
Oak Elite Advisory Registered Index-Linked Variable Annuity
1 $136,203 1 $136,565 $225,000
Yes
Name of the Contract Number of Contracts Outstanding Total Value Attributable to the Index-Option Subject to an Adjustment Number of Contracts Sold During the Prior Calendar Year Gross Premiums Received During the Prior Calendar Year Amount of Contract Value Redeemed During the Prior Calendar Year Combination Contract (Yes/No)
LiveWell Dynamic Annuity
2,846 $485,785,899 2,212 $385,605,371 $5,629,461
Yes
Item 33. Management Services
No management related services are provided to the Registrant, except as discussed in Parts A and B.
Item 34. Fee Representation and Undertakings
With regard to the offering of the variable Subaccounts under this registration statement, Midland National Life Insurance Company represents that all fees and charges deducted under the Contracts, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred and the risk assumed by Midland National Life Insurance Company.
With regard to the offering of the index-linked Cycle Investments under this registration statement, Midland National Life Insurance Company hereby undertakes:
1. To file, during any period in which offers or sales are being made, a post-effective amendment to
the registration statement to include any prospectus required by section 10(a)(3) of the Securities
Act; and
2. That, for the purpose of determining any liability under the Securities Act, each such post-effective
amendment shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.
Section 403(b) Representation
On behalf of Midland National Life Separate Account C, Midland National Life Insurance Company represents that the Separate Account is relying on a no-action letter dated November 28, 1988, to the American Council of Life Insurance (Ref. No. IP-6-88), regarding sections 22(e), 27(c)(1), and 27(d) of the Investment Company Act of 1940, in connection with redeemability restrictions on Section 403(b) Contracts, and that paragraphs numbered (1) through (4) of that letter will be complied with.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, Midland National Life Separate Account C certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to the Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of West Des Moines, and State of Iowa, on this seventeenth day of September, 2025.
Pursuant to the requirements of the Securities Act of 1933, Midland National Life Insurance Company certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to the Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of West Des Moines, and State of Iowa, on this seventeenth day of September, 2025.
MIDLAND NATIONAL LIFE SEPARATE
ACCOUNT C (REGISTERED SEPARATE ACCOUNT)
By:
/S/ *
ESFANDYAR E. DINSHAW
Chairman of the Board
MIDLAND NATIONAL LIFE
INSURANCE COMPANY (INSURANCE COMPANY)
By:
/S/ *
ESFANDYAR E. DINSHAW
Chairman of the Board
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signatures
Title
/S/ *
President, Chairman of the Board of Directors & Chief Executive Officer
ESFANDYARE. DINSHAW
(Principal Executive Officer)
/S/ *
Vice President, Chief Financial Officer & Treasurer
*DANIELE. EDSEN
(Principal Financial & Accounting Officer)
/S/ *
Director
* DARRONK. ASH
/S/ * Director
JAMESRODERICKCLARK
/S/ * Director
THOMASJ. CORCORAN
/S/ * Director
SUSANT. DEAKINS
/S/ * Director
GEORGEA. FISK
/S/ * Director
CARLM. HARRIS
/S/ * Director
WILLIAMD. HEINZ
/S/ * Director
WILLIAML. LOWE
/S/ * Director
GINAA. NORRIS
/S/ * Director
ROBERTR. TEKOLSTE
*BY:
/s/ Brett Agnew
Date: September 17, 2025
Brett Agnew
Attorney-in-Fact
Pursuant to Power of Attorney
EXHIBIT INDEX
Item
Exhibit
27(l)
Consent of Independent Registered Public Accounting Firm
Midland National Life Separate Account C published this content on September 17, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 17, 2025 at 18:49 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]