EX-99.A.1 3 d422626dex99a1.htm ARTICLES SUPPLEMENTARY (AUTHORIZED SHARES) Articles Supplementary (authorized shares)

ARTICLES SUPPLEMENTARY

MAXIM SERIES FUND, INC.

Maxim Series Fund, Inc. (the “Corporation”), a Maryland corporation, hereby certifies to the State Department of Assessments and Taxation of Maryland that:

FIRST: On September 12, 2012 the Board of Directors of the Corporation, pursuant to the authority contained in the Corporation’s charter, and in accordance with Section 2-105(c) of the Maryland General Corporation Law, unanimously adopted resolutions approving:

The re-classification of the following shares of previously classified but unissued shares of stock of the Corporation as follows:

 

Previously Classified Shares (expressed in millions)    Re-Classified Shares (expressed in millions)
Maxim S&P 500 Index Initial Class – 100    Maxim S&P 500 Index Initial Class – 135
Maxim Lifetime 2025 II Class T1 – 45    Maxim Lifetime 2025 II Class T1 – 80

SECOND: The total number of shares of capital stock that the Corporation has authority to issue has been increased or decreased by the Board of Directors in accordance with Section 2-105(c) of the Maryland General Corporation Law to the extent hereafter set forth.

THIRD: Both as of immediately before the increase or decrease and as increased or decreased: (i) the total number of shares of stock of all classes that the Corporation has authority to issue is Eleven Billion (11,000,000,000), (ii) the number of shares of stock of each class is as set forth in the table below, (iii) the par value of the shares of stock of each class is Ten Cents ($.10) per share, and (iv) the aggregate par value of all the shares of all classes is One Billion One Hundred Million Dollars ($1,100,000,000).

 

         

Authorized Shares

(expressed in millions)

                 
Series/Portfolio   Class   Before   After

Maxim Money Market

  

Common Stock

   1,000     1,000

Maxim Stock Index

  

Initial Class

   90     90

Maxim Stock Index

  

Class L

   35     35

Maxim Bond Index

  

Initial Class

   105     105

Maxim Bond Index

  

Class L

   35     35

Maxim U.S. Government Mortgage Securities

  

Initial Class

   90     90

Maxim U.S. Government Mortgage Securities

  

Class L

   35     35

Maxim S&P SmallCap 600® Index

  

Initial Class

   100     100

Maxim S&P SmallCap 600® Index

  

Class L

   35     35

Maxim Putnam High Yield Bond

  

Initial Class

   100     100

Maxim Putnam High Yield Bond

  

Class L

   35     35

Maxim Janus Large Cap Growth

  

Initial Class

   100     100

Maxim Janus Large Cap Growth

  

Class L

   35     35

Maxim MFS International Growth

  

Initial Class

   100     100

Maxim MFS International Growth

  

Class L

   35     35

Maxim Federated Bond

  

Initial Class

   100     100

Maxim Federated Bond

  

Class L

   35     35

Maxim MFS International Value

  

Initial Class

   79     79

Maxim MFS International Value

  

Class L

   35     35

Maxim S&P 500 Index

  

Initial Class

   100     135

Maxim S&P 500 Index

  

Class L

   35     35

Maxim Goldman Sachs MidCap Value

  

Initial Class

   85     85

         

Authorized Shares

(expressed in millions)

                 
Series/Portfolio   Class   Before   After

Maxim Goldman Sachs MidCap Value

  

Class L

   35     35

Maxim Invesco Small-Cap Value

  

Initial Class

   110     110

Maxim Invesco Small-Cap Value

  

Class L

   35     35

Maxim Ariel MidCap Value

  

Initial Class

   100     100

Maxim Ariel MidCap Value

  

Class L

   35     35

Maxim Ariel Small-Cap Value

  

Initial Class

   85     85

Maxim Ariel Small-Cap Value

  

Class L

   35     35

Maxim Loomis Sayles Small-Cap Value

  

Initial Class

   90     90

Maxim Loomis Sayles Small-Cap Value

  

Class L

   35     35

Maxim Loomis Sayles Bond

  

Initial Class

   100     100

Maxim Loomis Sayles Bond

  

Class L

   35     35

Maxim T. Rowe Price Equity/Income

  

Initial Class

   125     125

Maxim T. Rowe Price Equity/Income

  

Class L

   35     35

Maxim Small-Cap Growth

  

Initial Class

   90     90

Maxim Small-Cap Growth

  

Class L

   35     35

Maxim Invesco ADR

  

Initial Class

   100     100

Maxim Invesco ADR

  

Class L

   35     35

Maxim Short Duration Bond

  

Initial Class

   85     85

Maxim Short Duration Bond

  

Class L

   35     35

Maxim T. Rowe Price MidCap Growth

  

Initial Class

   110     110

Maxim T. Rowe Price MidCap Growth

  

Class L

   35     35

Maxim Templeton Global Bond

  

Initial Class

   100     100

Maxim Templeton Global Bond

  

Class L

   35     35

Maxim S&P MidCap 400® Index

  

Initial Class

   52.5     52.5

Maxim S&P MidCap 400® Index

  

Class L

   33     33

Maxim International Index

  

Initial Class

   52.5     52.5

Maxim International Index

  

Class L

   33     33

Maxim Putnam Equity Income

  

Initial Class

   52.5     52.5

Maxim Putnam Equity Income

  

Class L

   33     33

Maxim American Century Growth

  

Initial Class

   52.5     52.5

Maxim American Century Growth

  

Class L

   33     33

Maxim Real Estate Index

  

Initial Class

   35     35

Maxim Real Estate Index

  

Class L

   35     35

Maxim Conservative Profile I

  

Initial Class

   100     100

Maxim Conservative Profile I

  

Class L

   35     35

Maxim Moderately Conservative Profile I

  

Initial Class

   100     100

Maxim Moderately Conservative Profile I

  

Class L

   35     35

Maxim Moderate Profile I

  

Initial Class

   100     100

Maxim Moderate Profile I

  

Class L

   35     35

Maxim Moderately Aggressive Profile I

  

Initial Class

   100     100

Maxim Moderately Aggressive Profile I

  

Class L

   35     35

Maxim Aggressive Profile I

  

Initial Class

   100     100

Maxim Aggressive Profile I

  

Class L

   35     35

Maxim Conservative Profile II

  

Initial Class

   100     100

Maxim Conservative Profile II

  

Class L

   35     35

Maxim Moderately Conservative Profile II

  

Initial Class

   100     100

Maxim Moderately Conservative Profile II

  

Class L

   35     35

Maxim Moderate Profile II

  

Initial Class

   200     200

Maxim Moderate Profile II

  

Class L

   35     35

Maxim Moderately Aggressive Profile II

  

Initial Class

   100     100

         

Authorized Shares

(expressed in millions)

                 
Series/Portfolio   Class   Before   After

Maxim Moderately Aggressive Profile II

  

Class L

   35     35

Maxim Aggressive Profile II

  

Initial Class

   175     175

Maxim Aggressive Profile II

  

Class L

   35     35

Maxim Lifetime 2015 I

  

Class T

   45     45

Maxim Lifetime 2015 I

  

Class T1

   45     45

Maxim Lifetime 2015 I

  

Class L

   33     33

Maxim Lifetime 2015 II

  

Class T

   45     45

Maxim Lifetime 2015 II

  

Class T1

   45     45

Maxim Lifetime 2015 II

  

Class L

   33     33

Maxim Lifetime 2015 III

  

Class T

   45     45

Maxim Lifetime 2015 III

  

Class T1

   45     45

Maxim Lifetime 2015 III

  

Class L

   33     33

Maxim Lifetime 2025 I

  

Class T

   45     45

Maxim Lifetime 2025 I

  

Class T1

   45     45

Maxim Lifetime 2025 I

  

Class L

   33     33

Maxim Lifetime 2025 II

  

Class T

   45     45

Maxim Lifetime 2025 II

  

Class T1

   45     80

Maxim Lifetime 2025 II

  

Class L

   33     33

Maxim Lifetime 2025 III

  

Class T

   45     45

Maxim Lifetime 2025 III

  

Class T1

   45     45

Maxim Lifetime 2025 III

  

Class L

   33     33

Maxim Lifetime 2035 I

  

Class T

   45     45

Maxim Lifetime 2035 I

  

Class T1

   45     45

Maxim Lifetime 2035 I

  

Class L

   33     33

Maxim Lifetime 2035 II

  

Class T

   45     45

Maxim Lifetime 2035 II

  

Class T1

   45     45

Maxim Lifetime 2035 II

  

Class L

   33     33

Maxim Lifetime 2035 III

  

Class T

   45     45

Maxim Lifetime 2035 III

  

Class T1

   45     45

Maxim Lifetime 2035 III

  

Class L

   33     33

Maxim Lifetime 2045 I

  

Class T

   45     45

Maxim Lifetime 2045 I

  

Class T1

   45     45

Maxim Lifetime 2045 I

  

Class L

   33     33

Maxim Lifetime 2045 II

  

Class T

   45     45

Maxim Lifetime 2045 II

  

Class T1

   45     45

Maxim Lifetime 2045 II

  

Class L

   33     33

Maxim Lifetime 2045 III

  

Class T

   45     45

Maxim Lifetime 2045 III

  

Class T1

   45     45

Maxim Lifetime 2045 III

  

Class L

   33     33

Maxim Lifetime 2055 I

  

Class T

   45     45

Maxim Lifetime 2055 I

  

Class T1

   45     45

Maxim Lifetime 2055 I

  

Class L

   33     33

Maxim Lifetime 2055 II

  

Class T

   45     45

Maxim Lifetime 2055 II

  

Class T1

   45     45

Maxim Lifetime 2055 II

  

Class L

   33     33

Maxim Lifetime 2055 III

  

Class T

   45     45

Maxim Lifetime 2055 III

  

Class T1

   45     45

Maxim Lifetime 2055 III

  

Class L

   33     33

Maxim SecureFoundationSM Balanced

  

Class G

   75     75

Maxim SecureFoundationSM Balanced

  

Class G1

   75     75

         

Authorized Shares

(expressed in millions)

                 
Series/Portfolio   Class   Before   After

Maxim SecureFoundationSM Balanced

  

Class L

   33     33

Maxim SecureFoundationSM Balanced ETF

  

Class A

   35     35

Maxim SecureFoundationSM Balanced ETF

  

Class S

   35     35

Maxim SecureFoundationSM Lifetime 2015

  

Class G

   75     75

Maxim SecureFoundationSM Lifetime 2015

  

Class G1

   75     75

Maxim SecureFoundationSM Lifetime 2015

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2020

  

Class G

   33     33

Maxim SecureFoundationSM Lifetime 2020

  

Class G1

   33     33

Maxim SecureFoundationSM Lifetime 2020

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2025

  

Class G

   75     75

Maxim SecureFoundationSM Lifetime 2025

  

Class G1

   75     75

Maxim SecureFoundationSM Lifetime 2025

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2030

  

Class G

   33     33

Maxim SecureFoundationSM Lifetime 2030

  

Class G1

   33     33

Maxim SecureFoundationSM Lifetime 2030

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2035

  

Class G

   75     75

Maxim SecureFoundationSM Lifetime 2035

  

Class G1

   75     75

Maxim SecureFoundationSM Lifetime 2035

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2040

  

Class G

   33     33

Maxim SecureFoundationSM Lifetime 2040

  

Class G1

   33     33

Maxim SecureFoundationSM Lifetime 2040

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2045

  

Class G

   75     75

Maxim SecureFoundationSM Lifetime 2045

  

Class G1

   75     75

Maxim SecureFoundationSM Lifetime 2045

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2050

  

Class G

   33     33

Maxim SecureFoundationSM Lifetime 2050

  

Class G1

   33     33

Maxim SecureFoundationSM Lifetime 2050

  

Class L

   33     33

Maxim SecureFoundationSM Lifetime 2055

  

Class G

   75     75

Maxim SecureFoundationSM Lifetime 2055

  

Class G1

   75     75

Maxim SecureFoundationSM Lifetime 2055

  

Class L

   33     33
             

Unclassified Capital Stock:  

       1,740     1,670
             

Total:  

       11,000     11,000

FOURTH: The Corporation is registered as an open-end company under the Investment Company of 1940.

IN WITNESS WHEREOF, the Corporation has caused these Articles Supplementary to be signed in its name and on its behalf by its President and Chief Executive Officer and attested by its Secretary this 12th day of September 2012, and the undersigned officers acknowledge that these Articles Supplementary are the act of the Corporation, and certify that, to the best of their knowledge, information and belief all matters and facts set forth herein are true in all material respects, and that this statement is made under the penalties of perjury.

 

MAXIM SERIES FUND, INC.

/s/ M.T.G. Graye

Name:

  

M.T.G. Graye

Title:

  

President and Chief Executive Officer

ATTEST:

 

/s/ R.L. Logsdon

Name:

  

R.L. Logsdon

Title:

   Assistant Vice President, Counsel &
Secretary