485BPOS 1 a19-17633_1485bpos.htm POST-EFFECTIVE AMENDMENT FILED PURSUANT TO SECURITIES ACT RULE 485(B)

 

As filed with the Securities and Exchange Commission on September 3, 2019 

File No. 333-79865

File No. 811-09371

 

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-4

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

Post-Effective Amendment No. 15 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

 

Amendment No. 16 

 

 

Southern Farm Bureau Life Variable Account

(Exact Name of Registrant)

 

Southern Farm Bureau Life Insurance Company

(Name of Depositor)

 

 

1401 Livingston Lane

Jackson, Mississippi 39213

1-601-981-7422

(Address and Telephone Number of Principal Executive Office)

 

Perry McGaugh, Esquire

1401 Livingston Lane

Jackson, Mississippi 39213

(Name and Address of Agent for Service of Process)

 

 

Copy to:

 

Ann B. Furman, Esq.

Carlton Fields, P.A.

Suite 400 West

1025 Thomas Jefferson St., N. W.

Washington, D. C. 20007-5208

 

 

It is proposed that this filing will become effective (check appropriate box):

 

x  immediately upon filing pursuant to paragraph (b) of Rule 485;

 

o  on (date) pursuant to paragraph (b) of Rule 485; 

 

o  60 days after filing pursuant to paragraph (a)(1) of Rule 485;

 

o  on (date) pursuant to paragraph (a)(1) of Rule 485.

 

 

 

 

Explanatory Note

 

The purpose of this Post-Effective Amendment is to add additional exhibits to the Registration Statement.  This Post-Effective Amendment does not delete, amend, or supersede any other information contained in the Registration Statement, as amended. For the avoidance of doubt, Parts A and B of the Registration Statement contained in Post-Effective Amendment No. 15, filed on April 30, 2010, are incorporated by reference to the extent required by applicable law.

 

 

PART C

 

OTHER INFORMATION

 

Item 24. Financial Statements and Exhibits

 

(a)       Financial Statements(12)

All required financial statements are included in Part B.

(b)      Exhibits

(1)      Certified resolution of the board of directors of Southern Farm Bureau Life Insurance Company (the “Company”) establishing Southern Farm Bureau Life Variable Account (the “Account”).(1)

(2)      Not Applicable.

(3)      Not Applicable.

(4)      Contract Form.(1)

(a) Form of Traditional Individual Retirement Annuity Endorsement(11)

(b) Form of Simple Individual Retirement Annuity Endorsement(11)

(c) Form of Roth Individual Retirement Annuity Endorsement(11)

(d) Form of 403(b) Annuity Endorsement(11)

(5)      Contract Application.(1)

(a) Revised Contract Application(10)

(6)      (a) Articles of Incorporation of the Company.(1)

(b) By-Laws of the Company.(1)

(7)      Not Applicable.

(8)      (a) Participation Agreement relating to Fidelity Variable Insurance Products Fund.(2)

(a)(1) Amendment to Participation Agreement(4)(8)(10)

(b) Participation Agreement relating to Fidelity Variable Insurance Products Fund II.(2)

(b)(1) Amendment to Participation Agreement(4)(8)(10)

(c) Participation Agreement relating to Fidelity Variable Insurance Products Fund III.(2)

(c)(1) Amendment to Participation Agreement(4)(8)(10)

(d) Participation Agreement relating to T. Rowe Price Equity Series, Inc. and T. Rowe Price Fixed Income Series, Inc.(2)

(d)(1) Amendment to Participation Agreement(4)(8)(10)

(e) Participation Agreement relating to Franklin Templeton Variable Insurance Products Trust(10)

(f) Form of Administrative Services Agreement.(2)

(g) Rule 22c-2 Shareholder Information Agreement relating to Fidelity Variable Insurance Products Funds(9)

(h) Amendment to Rule 22c Shareholder Information Agreement relating to Fidelity Variable Insurance Products Funds(11)

(i) Rule 22c-2 Shareholder Information Agreement relating to T. Rowe Price Funds(9)

(j) Rule 22c-2 Shareholder Information Agreement relating to Franklin Templeton Variable Insurance Products Trust(10)

(9)      Opinion and Consent of Joseph A. Purvis, Esquire.(12)

(10)  (a) Consent of Jorden Burt LLP.(12)

(b) Consents of KPMG LLP.(12)

(c) Opinion and Consent of Kenneth P. Johnston, FSA, MAAA, Vice President, Product Development.(12)

(11)   Not Applicable.

(12)   Not Applicable.

 

 

(13)    Powers of Attorney.(1)(3)(5)(6)(7)(8)(9)(10)(11)(12)(13)

(a)       Power of Attorney for Ronald Roy Anderson(13)

(b)      Power of Attorney for Gerald Wilton Long(13)

(c)       Power of Attorney for Eddie Alan Melton(13)

(d)      Power of Attorney for Joseph Brantley Schirard, Jr.(13)

(e)       Power of Attorney for Robert Quincy Fountain, Jr.(13)

(f)        Power of Attorney for John Lawrence Hoblick, Sr.(13)

(g)       Power of Attorney for Donald Hubert Gant(13)

(h)      Power of Attorney for David Michael McCormick(13)

(i)          Power of Attorney for Jim Toney Harper(13)

(j)          Power of Attorney for Mark Edwin Haney(13)

(k)      Power of Attorney for Larry Bernard Wooten(13)

(l)          Power of Attorney for Malcolm Scott Whitford(13)

(m)  Power of Attorney for Richard Edward Hillman(13)

(n)      Power of Attorney for Harry Legare Ott, Jr.(13)

(o)      Power of Attorney for William Keistler Coleman(13)

(p)      Power of Attorney for Russell Wayne Boening(13)

(q)      Power of Attorney for Mark Randall Chamblee(13)

(r)         Power of Attorney for Scott E. Sink(13)

(s)        Power of Attorney for Harry Randal Veach(13)

(t)          Power of Attorney for Wayne Franklin Pryor(13)

(14)   (a) Letter to Contract Owners regarding exchange and cash-out offer - Non-qualified (13)

(b) Letter to Contract Owners regarding exchange and cash-out offer - 403(b) (13)

(c) Letter to Contract Owners regarding exchange and cash-out offer - IRA (13)

 

(1)     Incorporated herein by reference to the Initial Filing of this Form N-4 Registration Statement (File Nos. 333-79865; 811-9371) filed with the Securities and Exchange Commission on June 3, 1999.

(2)     Incorporated herein by reference to Pre-Effective Amendment No. 1 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on October 12, 1999.

(3)     Incorporated herein by reference to Post-Effective Amendment No. 1 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on May 1, 2000.

(4)     Incorporated herein by reference to Pre-Effective Amendment No. 1 to the Registration Statement on Form S-6 (File No. 333-68114) filed with the Securities and Exchange Commission on January 25, 2002.

(5)     Incorporated herein by reference to Post-Effective Amendment No. 4 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on May 1, 2003.

(6)     Incorporated herein by reference to the Post-Effective Amendment No. 5 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 30, 2004.

(7)     Incorporated herein by reference to the Post-Effective Amendment No. 6 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on February 25, 2005.

(8)     Incorporated herein by reference to the Post-Effective Amendment No. 8 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 28, 2006.

(9)     Incorporated herein by reference to the Post-Effective Amendment No. 9 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 27, 2007.

(10) Incorporated herein by reference to the Post-Effective Amendment No. 10 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 25, 2008.

(11) Incorporated herein by reference to the Post-Effective Amendment No. 11 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 30, 2009.

(12) Incorporated herein by reference to the Post-Effective Amendment No. 13 to the Registration Statement on Form N-4 (File No. 333-79865) filed with the Securities and Exchange Commission on April 30, 2010.

(13) Filed herein.

 

 

 

Item 25. Directors and Officers of the Company

 

Name

 

 

Title

 

 

 

 

Ronald Roy Anderson

 

 

Director

 

 

 

 

John Lawrence Hoblick, Sr.

 

 

Director

 

 

 

 

Gerald Wilton Long

 

 

Director

 

 

 

 

Eddie Alan Melton

 

 

Director

 

 

 

 

Joseph Brantley Schirard, Jr.

 

 

Director

 

 

 

 

Robert Quincy Fountain, Jr.

 

 

Director

 

 

 

 

Donald Hubert Gant

 

 

Director

 

 

 

 

David Michael McCormick

 

 

Director

 

 

 

 

Malcolm Scott Whitford

 

 

Director

 

 

 

 

Jim Toney Harper

 

 

Director

 

 

 

 

Mark Edwin Haney

 

 

Director

 

 

 

 

Larry Bernard Wooten

 

 

Director

 

 

 

 

Richard Edward Hillman

 

 

Director

 

 

 

 

Harry Legare Ott, Jr.

 

 

Director

 

 

 

 

William Keistler Coleman

 

 

Director

 

 

 

 

Russell Wayne Boening

 

 

Director

 

 

 

 

Mark Randall Chamblee

 

 

Director

 

 

 

 

Scott E. Sink

 

 

Director

 

 

 

 

Harry Randal Veach

 

 

Chairman of the Board and President

 

 

 

 

Wayne Franklin Pryor

 

 

First Vice President and Director

 

 

 

 

Randy Johns

 

 

Executive Vice President, Chief Executive Officer

 

 

 

 

Robert Ward

 

 

Senior Vice President, Chief Financial Officer

 

 

 

 

David Hurt

 

 

Senior Vice President, Marketing

 

 

 

 

Billy Sims

 

 

Senior Vice President, Policy Administration

 

 

 

 

Charlie Allen

 

 

Vice President, Chief Technology Officer

 

 

 

 

Jeremy Wesson

 

 

Vice President, Underwriting and New Business Administration

 

 

 

 

David N. Duddleston, M.D.

 

 

Vice President, Medical Director

 

 

 

 

Stan Dickens

 

 

Senior Vice President, Chief Actuary

 

 

 

 

Harper Keeler

 

 

Vice President, Realty Investments

 

 

 

 

Diane Boyette

 

 

Vice President, Chief Compliance Officer

 

 

 

 

Lusby Brown

 

 

Senior Vice President, Chief Investment Officer

 

 

 

 

Perry McGaugh

 

 

Senior Vice President, General Counsel and Secretary

 

 

 

 

Bengie Goff

 

 

Vice President, Agency

 

 

 

 

David Simmonds

 

 

Vice President, Controller

 

 

 

 

 

 

Name

 

 

Title

 

 

 

 

Joyce Plunkett

 

 

Vice President, Human Resources

 

 

 

 

Laura Humphries

 

 

Vice President, Policy Services

 

 

 

 

Jeff Styres

 

 

Vice President, Legal

 

 

 

 

Shelia R. Hudson

 

 

Vice President, Internal Auditing

Cathy Martin

 

 

Vice President, Group Administration and Appointed Actuary

Rick McKissack

 

 

Vice President, Marketing Data and E-Services

Mark Polk

 

 

Vice President, Securities Management

Doug Redman

 

 

Vice President, Pension Administration and Chief Risk Officer

Nancy Baker

 

 

Vice President, Claims

 

 

 

 

 

*   The principal business address of all of the persons listed above is 1401 Livingston Lane, Jackson, Mississippi 39213.

 

Item 26. Persons Controlled By Or Under Common Control With The Depositor Or Registrant

 

The registrant is a segregated asset account of the Company and is therefore owned and controlled by the Company. All of the Company’s outstanding voting common stock is owned by Arkansas Farm Bureau Investment Corporation, Florida Farm Bureau Holding Corporation, Georgia Farm Bureau Federation Holding Co. Inc., Kentucky Farm Bureau Investment Corporation, Louisiana Farm Bureau Investment Corporation, Mississippi Farm Bureau Investment Corporation, North Carolina Farm Bureau Investment Corporation, South Carolina Farm Bureau Investment Corporation, Texas Farm Bureau Investment Corporation and Virginia Farm Bureau Holding Corporation. The Company and its affiliates are described more fully in the prospectus included in this registration statement. An organizational chart is set forth below.

 

Name

 

 

Jurisdiction

 

 

Percent Of Voting Securities Owned

 

 

 

 

 

 

 

Arkansas Farm Bureau Investment Corporation

 

 

Arkansas

 

 

Controlling interest owned by Arkansas Farm Bureau Federation

 

 

 

 

 

 

 

Florida Farm Bureau Holding Corporation

 

 

Florida

 

 

Controlling interest owned by Florida Farm Bureau Federation

 

 

 

 

 

 

 

Georgia Farm Bureau Federation Holding Co., Inc.

 

 

Georgia

 

 

Controlling interest owned by Georgia Farm Bureau Federation

 

 

 

 

 

 

 

Kentucky Farm Bureau Investment Corporation

 

 

Kentucky

 

 

Controlling Interest owned by Kentucky Farm Bureau Federation

 

 

 

 

 

 

 

Louisiana Farm Bureau Investment Corporation

 

 

Louisiana

 

 

Controlling Interest owned by Louisiana Farm Bureau Federation

 

 

 

 

 

 

 

Mississippi Farm Bureau Investment Corporation

 

 

Mississippi

 

 

Controlling Interest Owned by Mississippi Farm Bureau Federation

 

 

 

 

 

 

 

North Carolina Farm Bureau Investment Corporation

 

 

North Carolina

 

 

Controlling Interest Owned by North Carolina Farm Bureau Federation

 

 

 

 

 

 

 

South Carolina Farm Bureau Investment Corporation

 

 

South Carolina

 

 

Controlling Interest Owned by South Carolina Farm Bureau Federation

 

 

 

 

 

 

 

Texas Farm Bureau Investment Corporation

 

 

Texas

 

 

Controlling Interest Owned by Texas Farm Bureau

 

 

 

 

 

 

 

Virginia Farm Bureau Holding Corporation

 

 

Virginia

 

 

Controlling Interest Owned by Virginia Farm Bureau Federation

 

 

 

 

 

 

 

 

 

Name

 

 

Jurisdiction

 

 

Percent Of Voting Securities Owned

 

 

 

 

 

 

 

Southern Farm Bureau Life Insurance

 

 

Mississippi

 

 

10% of voting securities owned by each of the following:

Company

 

 

 

 

 

- Arkansas Farm Bureau Investment Corporation

 

 

 

 

 

 

- Florida Farm Bureau Holding Corporation

 

 

 

 

 

 

- Georgia Farm Bureau Federation Holding Co., Inc.

 

 

 

 

 

 

- Kentucky Farm Bureau Investment Corporation

 

 

 

 

 

 

- Louisiana Farm Bureau Investment Corporation

 

 

 

 

 

 

- Mississippi Farm Bureau Investment Corporation

 

 

 

 

 

 

- North Carolina Farm Bureau Investment Corporation

 

 

 

 

 

 

- South Carolina Farm Bureau Investment Corporation

 

 

 

 

 

 

- Texas Farm Bureau Investment Corporation

 

 

 

 

 

 

- Virginia Farm Bureau Holding Corporation

 

 

 

 

 

 

 

Florence-Burlington, LLC

 

 

South Carolina

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Oakwood Holdings, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Baycastle Properties, L.P.

 

 

Mississippi

 

 

99% of ownership interest held by Southern Farm Bureau Life Insurance Company as limited partner; 1% interest held by MR Properties, LLC as general partner.

 

 

 

 

 

 

 

Annandale Properties, L.P.

 

 

Mississippi

 

 

99% of ownership interest held by Southern Farm Bureau Life Insurance Company as limited partner; 1% interest held by MR Properties, LLC as general partner.

 

 

 

 

 

 

 

Cypress Lake Properties, L.P.

 

 

Mississippi

 

 

99% of ownership interest held by Southern Farm Bureau Life Insurance Company as limited partner; 1% interest held by MR Properties, LLC as general partner.

 

 

 

 

 

 

 

MR Properties, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Knoxville-Kingston, LLC

 

 

Tennessee

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Hou-Hempstead, LLC

 

 

Texas

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Baton Rouge-Perkins, LLC

 

 

Louisiana

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Destin-Poinciana, LLC

 

 

Florida

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Pearl-Hwy 80, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

 

 

Name

 

 

Jurisdiction

 

 

Percent Of Voting Securities Owned

 

 

 

 

 

 

 

Lafayette-Pinhook, LLC

 

 

Louisiana

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Huntington-Jericho, LLC

 

 

New York

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Knoxville-Maynardville, LLC

 

 

Tennessee

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Birmingham-Grandview, LLC

 

 

Alabama

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Ft. Lauderdale-Broward, LLC

 

 

Florida

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Chattanooga-Lee, LLC

 

 

Tennessee

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Jackson-Old Canton, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Jackson-Echelon, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Mem-Monroe, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Hudson-Hwy 321, LLC

 

 

North Carolina

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Brentwood-Maryland Way, LLC

 

 

Tennessee

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southern Capital Brokerage Company, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Old 98, LLC

 

 

Florida

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

Abilene-Ridgemont, LLC

 

 

Texas

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

Jackson-Lakeover 1461, LLC

 

 

Mississippi

 

 

100% of ownership interest held by Southern Farm Bureau Life Insurance Company

 

 

 

 

 

 

 

 

Item 27. Number of Contract Owners

 

As of August 31, 2019, there were 407 Contract Owners.

 

Item 28. Indemnification

 

Article XI of the Company’s By-Laws provides for the indemnification by the Company to the maximum extent allowed by Mississippi law, of any director or officer thereof, who is made party to any suit or proceeding because he is or was a director or officer, provided that the director or officer has met the standard of conduct set out in Mississippi Code of 1972 Annotated Section 79-4-8.51(a-d), and indemnification is not otherwise provided for by any insurance coverage available to such director or officer. Article XI also provides that if there is any question as to whether a director or officer has met the applicable standard of conduct, the same will be determined by an independent special legal counsel selected by the Board of Directors.

 

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 29. Principal Underwriter

 

(a) Not Applicable.

 

(b) Not Applicable.

 

(c) As of January 1, 2010, Southern Farm Bureau Fund Distributor, Inc. ceased serving as distributor and principal underwriter for the Registrant. The following chart gives information about all commissions and other compensation received by each principal underwriter, directly or indirectly, from the Registrant during Registrant’s fiscal year ended December 31, 2009.

 

Name of
Principal
Underwriter

 

 

Net Underwriting
Discounts and
Commissions

 

 

Compensation on
Redemption

 

 

Brokerage
Commission

 

 

Compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southern Farm Bureau Fund Distributor, Inc.

 

 

$833,332

 

 

NA

 

 

NA

 

 

$118,427*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*                 Southern Farm Bureau Fund Distributor, Inc. received compensation from the Company for underwriting and distribution services in an amount equal to 0.50% of premiums paid and received under Contracts sold.

 

Item 30. Location of Books and Records

 

All of the accounts, books, records or other documents required to be kept by Section 31(a) of the Investment Company Act of 1940 and rules thereunder, are maintained by the Company at 1401 Livingston Lane, Jackson, Mississippi 39213.

 

Item 31. Management Services

 

All management contracts are discussed in Part A or Part B.

 

Item 32. Undertakings and Representations

 

(a) The registrant undertakes that it will file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in the registration statement are never more than 16 months old for as long as payments under the Contracts offered herein are being accepted.

 

(b) The registrant undertakes that it will include as part of any application to purchase a Contract offered by the prospectus, either a post card or similar written communication affixed to or included in the prospectus that the applicant can remove and send to the Company for a statement of additional information.

 

(c) The registrant undertakes to deliver any statement of additional information and any financial statements required to be made available under this Form N-4 promptly upon written or oral request to the Company at the address or phone number listed in the prospectus.

 

(d) The Company represents that in connection with its offering of the Contracts as funding vehicles for retirement plans meeting the requirements of Section 403(b) of the Internal Revenue Code of 1986, it 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, and that paragraphs numbered (1) through (4) of that letter will be complied with.

 

(e) Southern Farm Bureau Life Insurance Company represents that the fees and charges deducted under the Contract, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by Southern Farm Bureau Life Insurance Company.

 

 

SIGNATURES

 

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, Southern Farm Bureau Life Variable Account, certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this Registration Statement and has caused this Registration Statement to be signed on its behalf, in the City of Jackson, and State of Mississippi on this 3rd day of September, 2019.

 

 

SOUTHERN FARM BUREAU LIFE VARIABLE
ACCOUNT (REGISTRANT)

 

 

 

 

 

 

By:

/s/ Randy Johns

 

 

Randy Johns

 

 

Executive Vice President
and Chief Executive Officer

 

 

Southern Farm Bureau Life
Insurance Company

 

 

 

 

By:

SOUTHERN FARM BUREAU LIFE INSURANCE
COMPANY (DEPOSITOR)

 

 

 

 

By:

/s/ Randy Johns

 

 

Randy Johns

 

 

Executive Vice President
and Chief Executive Officer

 

As required by the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

 

Title

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

/s/ Randy Johns

 

Executive Vice President, Chief Executive
Officer [Principal Executive Officer]

 

September 3, 2019

 

Randy Johns

 

 

 

 

 

 

 

 

/s/ Robert Ward

 

Senior Vice President, Chief Financial
Officer [Principal Financial Officer]
[Principal Accounting Officer]

 

September 3, 2019

 

Robert Ward

 

 

 

 

 

 

 

 

 

 

 

/s/ *

 

President and Chairman of the Board

 

September 3, 2019

 

Harry Randal Veach

 

 

 

 

 

 

 

 

 

 

 

 

 

 

/s/ *

 

First Vice President and Director

 

September 3, 2019

 

Wayne Franklin Pryor

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Ronald Roy Anderson

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Gerald Wilton Long

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Eddie Alan Melton

 

 

 

 

Signature

 

Title

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Joseph Brantley Schirard, Jr.

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Robert Quincy Fountain, Jr.

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

John Lawrence Hoblick, Sr.

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Donald Hubert Gant

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

David Michael McCormick

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Jim Toney Harper

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Mark Edwin Haney

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Larry Bernard Wooten

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Malcolm Scott Whitford

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Richard Edward Hillman

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Harry Legare Ott, Jr.

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

William Keistler Coleman

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Russell Wayne Boening

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Mark Randall Chamblee

 

 

 

 

 

 

 

 

/s/ *

 

Director

 

September 3, 2019

 

Scott E. Sink

 

 

 

 

 

 

 

 

*By:              /s/ Perry McGaugh

 

 

 

September 3, 2019

 

Perry McGaugh
Attorney-In-Fact

 

 

 

 

EXHIBIT INDEX

 

Exhibit

 

Description

 

 

 

 

 

13(a)

 

Power of Attorney for Ronald Roy Anderson

13(b)

 

Power of Attorney for Gerald Wilton Long

13(c)

 

Power of Attorney for Eddie Alan Melton

13(d)

 

Power of Attorney for Joseph Brantley Schirard, Jr.

13(e)

 

Power of Attorney for Robert Quincy Fountain, Jr.

13(f)

 

Power of Attorney for John Lawrence Hoblick, Sr.

13(g)

 

Power of Attorney for Donald Hubert Gant

13(h)

 

Power of Attorney for David Michael McCormick

13(i)

 

Power of Attorney for Jim Toney Harper

13(j)

 

Power of Attorney for Mark Edwin Haney

13(k)

 

Power of Attorney for Larry Bernard Wooten

13(l)

 

Power of Attorney for Malcolm Scott Whitford

13(m)

 

Power of Attorney for Richard Edward Hillman

13(n)

 

Power of Attorney for Harry Legare Ott, Jr.

13(o)

 

Power of Attorney for William Keistler Coleman

13(p)

 

Power of Attorney for Russell Wayne Boening

13(q)

 

Power of Attorney for Mark Randall Chamblee

13(r)

 

Power of Attorney for Scott E. Sink

13(s)

 

Power of Attorney for Harry Randal Veach

13(t)

 

Power of Attorney for Wayne Franklin Pryor

14(a)

 

Letter to Contract Owners regarding exchange and cash-out offer – Non-qualified

14(b)

 

Letter to Contract Owners regarding exchange and cash-out offer – 403(b)

14(c)

 

Letter to Contract Owners regarding exchange and cash-out offer – IRA