-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DT5uCtNxnvEPbCovWEqQfuCZTJjB+EctyCn/N0s2lEI3+wukSzsz3EQGAFYHQE56 ItOrlPovXCZSox/OBr89jg== 0001016843-97-000086.txt : 19970223 0001016843-97-000086.hdr.sgml : 19970223 ACCESSION NUMBER: 0001016843-97-000086 CONFORMED SUBMISSION TYPE: 24F-2NT PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961231 FILED AS OF DATE: 19970221 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WRL SERIES LIFE ACCOUNT CENTRAL INDEX KEY: 0000778209 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 24F-2NT SEC ACT: 1933 Act SEC FILE NUMBER: 033-05143 FILM NUMBER: 97540809 BUSINESS ADDRESS: STREET 1: 201 HIGHLAND AVE CITY: LARGO STATE: FL ZIP: 34640 BUSINESS PHONE: 813-587-1800 MAIL ADDRESS: STREET 1: 201 HIGHLAND AVENUE CITY: LARGO STATE: FL ZIP: 34640 24F-2NT 1 WRL SERIES LIFE ACCOUNT U.S. Securities and Exchange Commission Washington, D.C. 20549 FORM 24F-2 Annual Notice of Securities Sold Pursuant to Rule 24f-2 Read instructions at end of Form before preparing Form. Please print or type: 1. Name and address of issuer: WRL Series Life Account of Western Reserve Life Assurance Co. of Ohio 201 Highland Avenue Largo, FL 33770 2. Name of each series or class of funds for which this notice is filed: WRL Series Life Account 3. Investment Company Act File Number: 811-4420 Securities Act File Number: 33-506 & 33-5143 4. Last day of fiscal year for which this notice is filed: December 31, 1996 5. Check box if this notice is being filed more than 180 days after the close of the issuer's fiscal year for purposes of reporting securities sold after the close of the fiscal year but before termination of the issuer's 24f-2 declaration: N/A [ ] 6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if applicable (see instruction A.6): N/A 7. Number and amount of securities of the same class or series which had been registered under the Securities Act of 1933 other than pursuant to rule 24f-2 in a prior fiscal year, but which remained unsold at the beginning of the fiscal year: N/A 8. Number and amount of securities registered during the fiscal year other than pursuant to rule 24f-2: N/A 9. Number and aggregate sale price of securities sold during the fiscal year: Units sold with an aggregate sales price of $256,582,202 10. Number and aggregate sale price of securities sold during the fiscal year in reliance upon registration pursuant to rule 24f-2: Units sold with an aggregate sales price of $256,582,20 11. Number and aggregate sale price of securities issued during the fiscal year in connection with dividend reinvestment plans, if applicable (see instruction B.7): N/A 12. Calculation of registration fee: (i) Aggregate sale price of securities sold during the fiscal year in reliance on rule 24f-2 (from Item 10): $ 256,582,202 ------------- (ii) Aggregate price of shares issued in connection with dividend reinvestment plans (from Item 11, if applicable): + 0 -------------- (iii) Aggregate price of shares redeemed or repurchased during the fiscal year (if applicable): - 106,684,837 -------------- (iv) Aggregate price of shares redeemed or repurchased and previously applied as a reduction to filing fees pursuant to rule 24e-2 (if applicable): + 0 -------------- (v) Net aggregate price of securities sold and issued during the fiscal year in reliance on rule 24f-2 (line (i), plus line (ii), less line (iii), plus line (iv))(if applicable): 149,897,365 ------------- (vi) Multiplier prescribed by Section 6(b) of the Securities Act of 1933 or other applicable law or regulation (see Instruction C.6): x 1/3300 ------------- (vii) Fee due (line (i) or line (v) multiplied by line (vi)): $ 45,423.44 ------------- Instruction: Issuers should complete line (ii), (iii), (iv), and (v) only if the form is being filed within 60 days after the close of the issuer's fiscal year. See Instruction C.3. 13. Check box if fees are being remitted to the Commission's lockbox depository as described in section 3a of the Commission's Rules of Informal and Other Procedures (17 CFR 202.3a). [ X ] Date of mailing or wire transfer of filing fees to the Commission's lockbox depository: SIGNATURES This report has been signed below by the following persons on behalf of the issuer and in the capacities and on the dates indicated. By: /s/ ALLAN J. HAMILTON --------------------------- Name: Treasurer --------------------------- Title: Date: 2/25/97 WRL LETTERHEAD February 21, 1997 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 RE: Rule 24f-2 Notice for WRL Series Life Account 1933 Act File No. - 33-506 & 33-5143 1940 Act File No. - 811-4420 Gentlemen: This letter is furnished in accordance with Rule 24(f)-2(b)(1)(v). I am Vice President and Associate General Counsel of Western Reserve Life Assurance Co. of Ohio ("WRL") and act in such capacity in legal matters concerning its separate account, WRL Series Life Account. I have participated in the preparation of Registration Statements on Form S-6 filed with the Securities and Exchange Commission concerning WRL Series Life Account, and Post-Effective Amendments thereto, with respect to individual variable life insurance contracts issued by WRL. In so acting, I have made such examination of the law and examined such records and documents as in my judgement are necessary or appropriate to enable me to render the opinion expressed below. I am of the following opinion with respect to the aforesaid individual variable life insurance contracts, which are the securities the registration of which is made definitive in number by the Rule 24f-2 Notice that this opinion accompanies: 1. WRL is a valid and subsisting corporation, organized and operated under Ohio law, and subject to regulation by the Ohio Director of Insurance. 2. WRL Series Life Account is a separate account validly established and maintained by WRL in accordance with the provision of the Ohio Insurance Code. 3. All of the prescribed corporate procedures for the issuance of the individual variable life insurance contracts have been followed, and when such contracts are issued in accordance with the currently applicable Prospectus, all applicable state laws will have been complied with. Securities and Exchange Commission February 21, 1997 Page 2 4. WRL has been authorized by its Board of Directors to issue such contracts and has the corporate power to do so. 5. It is my opinion that, upon acceptance of purchase payments on behalf of a policyholder pursuant to any individual contract issued in accordance with the currently applicable Prospectus and upon compliance with applicable local law, such policyholder has a legally issued and non-assessable contractual interest under such individual variable life insurance contract, and that accordingly, said variable life insurance contracts which are the subject matter of the aforesaid Rule 24f-2 Notice were legally issued, fully paid and non-assessable. Very truly yours, /s/ THOMAS E. PIERPAN ----------------------------- Thomas E. Pierpan Vice President and Associate General Counsel -----END PRIVACY-ENHANCED MESSAGE-----