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UNITED STATES ------------------------------------
SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 ------------------------------------
OMB Number: 3235-0360
FORM N-17f-2 Expires: July 31, 2000
Certificate of Accounting of Securities and Similar Estimated average burden 0.05
hours per response
Investments in the Custody of ------------------------------------
Management Investment Companies
Pursuant to Rule 17f-2 [17 CFR 270.17F-2]
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1. Investment Company Act File Number: Date examination completed:
811-07745 March 31, 2000
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2. State identification Number:
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AL AK AZ AR CA CO
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CT DE DC FL GA HI
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ID IL IN IA KS KY
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LA ME MD MA MI MN
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MS MO MT NE NV NH
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NJ NM NY NC ND OH
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OK OR PA RI SC SD
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TN TX UT VT VA WA
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WV WI WY PUERTO RICO
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Other (specify):
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3. Exact name of investment company as specified in registration statement:
Nations LifeGoal Funds, Inc.
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4. Address of principal executive office (number, street, city, state, zip code):
101 South Tryon Street, Charlotte, North Carolina, 28255
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INSTRUCTIONS
This Form must be completed by investment companies that have custody of
securities or similar investments.
Investment Company
1. All items must be completed by the investment company.
2. Give this Form to the independent public accountant who, in compliance with
Rule 17f-2 under the Act and applicable state law, examines securities and
similar investments in the custody of the investment company.
Accountant
3. Submit this Form to the Securities and Exchange Commission and appropriate
state securities administrators when filing the certificate of accounting
required by Rule 17f-2 under the Act and applicable state law. File the
original and one copy with the Securities and Exchange Commission's
principal office in Washington, D.C., one copy with the regional office for
the region in which the investment company's principal business operations
are conducted, and one copy with the appropriate state administrator(s), if
applicable.
THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT
SEC 2198 (11-91)
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Management Statement Regarding Compliance With
Certain Provisions of the Investment Company Act of 1940
We, as members of management of Nations LifeGoal Funds, Inc. (the "Company"),
comprising Income and Growth, Balanced Growth and Growth Portfolios are
responsible for complying with the requirements of subsections (b) and (c) of
Rule 17f-2, "Custody of Investments by Registered Management Investment
Companies," of the Investment Company Act of 1940. We are also responsible for
establishing and maintaining an effective internal control structure over
compliance with those requirements. We have performed an evaluation of the
Company's compliance with the requirements of subsection (b) and (c) of Rule
17f-2 as of March 31, 2000.
Based on this evaluation, we assert that the Company was in compliance with
those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of March
31, 2000 with respect to securities and similar investments reflected in the
investment account of the Company.
Nations LifeGoal Funds, Inc.
By:
Robert H. Gordon
President
Banc of America Advisors, Inc.
Edward Bedard
Senior Vice President and Chief Operating Officer
Banc of America Advisors, Inc.
Richard Blank
Treasurer
Nations LifeGoal Funds, Inc.
