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EXHIBIT 1(f)
UNANIMOUS WRITTEN CONSENT OF
THE BOARD OF DIRECTORS OF
GE CAPITAL LIFE ASSURANCE COMPANY OF NEW YORK
The undersigned, being the duly appointed Directors of GE Capital Life Assurance
Company of New York (the "Company"), hereby take the following action by
unanimous written consent in lieu of a meeting pursuant to Section 708 of the
New York Business Corporation Law:
WHEREAS, The Board of Directors of the Company, pursuant to the Provisions of
Section 4240 of the New York Insurance Law, adopted a resolution establishing GE
Capital Life Separate Account II (the "Separate Account") on April 1, 1996, and
WHEREAS, The Company wishes to establish 82 additional subaccounts/investment
subdivisions of Separate Account III which will invest in shares of AIM V.I.
Capital Appreciation Fund, AIM V.I. Growth Fund, and AIM V.I. Value Fund of AIM
Variable Insurance Funds; Growth and Income Portfolio, Premier Growth Portfolio
and Quasar Portfolio of Alliance Variable Products Series Fund, Inc.; Dreyfus
Investment Portfolios-Emerging Markets Portfolio and The Dreyfus Socially
Responsible Growth Fund, Inc. of The Dreyfus Corporation; Federated High Income
Bond Fund II and Federated International Small Company Fund II of the Federated
Insurance Series; Equity Income Portfolio and Growth Portfolio of Fidelity
Variable Insurance Products Fund; Contrafund Portfolio of Fidelity Variable
Insurance Products Fund II; Growth & Income Portfolio and Mid Cap Portfolio of
Fidelity Variable Insurance Products Fund III; Mid-Cap Value Equity Fund, Money
Market Fund, Premier Growth Equity Fund, S&P 500 Index Fund, Small-Cap Value
Equity Fund, U.S. Equity Fund, and Value Equity Fund of GE Investments Funds,
Inc.; Aggressive Growth Portfolio, Balanced Portfolio, Capital Appreciation
Portfolio, Global Life Sciences Portfolio, Global Technology Portfolio, Growth
Portfolio, International Growth Portfolio, and Worldwide Growth Portfolio of
Janus Aspen Series; MFS Growth Series, MFS Growth With Income Series, MFS New
Discovery Series and MFS Utilities Series of the Massachusetts Financial
Services Company Variable Insurance Trust; Oppenheimer Global Securities Fund/VA
and Oppenheimer Main Street Growth & Income Fund/VA of Oppenheimer Variable
Account Funds; Foreign Bond Portfolio, High Yield Bond Portfolio, Long-Term U.S.
Government Bond Portfolio and Total Return Bond Portfolio of PIMCO Variable
Insurance Trust; and Rydex OTC Fund of Rydex Variable Trust.
NOW, THEREFORE, BE IT RESOLVED, That the Board of Directors of the Company does
hereby establish and create four additional investment subdivisions of the
aforementioned separate account. Each of these investment subdivisions shall
invest in shares of a single mutual fund portfolio as set forth below:
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INVESTMENT SUBDIVISIONS: TO BE INVESTED IN:
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AIM Variable Insurance Funds
AIM Capital Appreciation -B AIM V.I. Capital Appreciation Fund
AIM Capital Appreciation -C AIM V.I. Capital Appreciation Fund
AIM Growth -B AIM V.I. Growth Fund
AIM Growth -C AIM V.I. Growth Fund
AIM Value -B AIM V.I. Value Fund
AIM Value -C AIM V.I. Value Fund
Alliance Variable Products Series Fund, Inc.
AVP Growth and Income -B Growth and Income Portfolio
AVP Growth and Income -C Growth and Income Portfolio
AVP Premier Growth -B Premier Growth Portfolio
AVP Premier Growth -C Premier Growth Portfolio
AVP Quasar -B Quasar Portfolio
AVP Quasar -C Quasar Portfolio
Dreyfus
DRF Emerging Markets -B Dreyfus Investment Portfolio - Emerging Markets Portfolio
DRF Emerging Markets -C Dreyfus Investment Portfolio - Emerging Markets Portfolio
DRF Socially Responsible Growth -B The Dreyfus Socially Responsible Growth Fund, Inc.
DRF Socially Responsible Growth -C The Dreyfus Socially Responsible Growth Fund, Inc.
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Federated Insurance Series
FED High Income Bond -B Federated High Income Bond Fund II
FED High Income Bond -C Federated High Income Bond Fund II
FED International Small Company-B Federated International Small Company Fund II
FED International Small Company-C Federated International Small Company Fund II
Fidelity Variable Insurance Products Fund
FID Equity-Income -B VIP Equity-Income Portfolio
FID Equity-Income -C VIP Equity-Income Portfolio
FID Growth -B VIP Growth Portfolio
FID Growth -C VIP Growth Portfolio
Fidelity Variable Insurance Products Fund II
FID Contrafund -B VIP II Contrafund Portfolio
FID Contrafund -C VIP II Contrafund Portfolio
Fidelity Variable Insurance Products Fund III
FID Growth & Income -B VIP III Growth & Income Portfolio
FID Growth & Income -C VIP III Growth & Income Portfolio
FID Mid Cap -B VIP III Mid Cap Portfolio
FID Mid Cap -C VIP III Mid Cap Portfolio
GE Investments Funds, Inc.
GEI Mid-Cap Value Equity -B Mid-Cap Value Equity Fund
GEI Mid-Cap Value Equity -C Mid-Cap Value Equity Fund
GEI Money Market -B Money Market Fund
GEI Money Market -C Money Market Fund
GEI Premier Growth Equity -B Premier Growth Equity Fund
GEI Premier Growth Equity -C Premier Growth Equity Fund
GEI S&P 500 Index -B S&P 500 Index Fund
GEI S&P 500 Index -C S&P 500 Index Fund
GEI Small-Cap Value Equity -B Small-Cap Value Equity Fund
GEI Small-Cap Value Equity -C Small-Cap Value Equity Fund
GEI U.S. Equity -B U.S. Equity Fund
GEI U.S. Equity -C U.S. Equity Fund
GEI Value Equity -B Value Equity Fund
GEI Value Equity -C Value Equity Fund
Janus Aspen Series
JAN Aggressive Growth -B Aggressive Growth Portfolio
JAN Aggressive Growth -C Aggressive Growth Portfolio
JAN Balanced -B Balanced Portfolio
JAN Balanced -C Balanced Portfolio
JAN Capital Appreciation -B Capital Appreciation Portfolio
JAN Capital Appreciation -C Capital Appreciation Portfolio
JAN Global Life Sciences -B Global Life Sciences Portfolio
JAN Global Life Sciences -C Global Life Sciences Portfolio
JAN Global Technology -B Global Technology Portfolio
JAN Global Technology -C Global Technology Portfolio
JAN Growth -B Growth Portfolio
JAN Growth -C Growth Portfolio
JAN International Growth -B International Growth Portfolio
JAN International Growth -C International Growth Portfolio
JAN Worldwide Growth -B Worldwide Growth Portfolio
JAN Worldwide Growth -C Worldwide Growth Portfolio
MFS Variable Insurance Trust
MFS Growth -B MFS Growth Series
MFS Growth -C MFS Growth Series
MFS Growth With Income-B MFS Growth With Income Series
MFS Growth With Income-C MFS Growth With Income Series
MFS New Discovery-B MFS New Discovery Series
MFS New Discovery-C MFS New Discovery Series
MFS Utilities Series-B MFS Utilities Series
MFS Utilities Series-C MFS Utilities Series
Oppenheimer Variable Account Funds
OPP Global Securities/VA -B Oppenheimer Global Securities Fund/VA
OPP Global Securities/VA -C Oppenheimer Global Securities Fund/VA
OPP Main Street Growth & Income/VA -B Oppenheimer Main Street Growth & Income Fund/VA
OPP Main Street Growth & Income/VA -C Oppenheimer Main Street Growth & Income Fund/VA
PIMCO Variable Insurance Trust
PIM Foreign Bond -B Foreign Bond Portfolio
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PIM Foreign Bond -C Foreign Bond Portfolio
PIM High Yield Bond -B High Yield Bond Portfolio
PIM High Yield Bond -C High Yield Bond Portfolio
PIM Long-Term U.S. Government Bond -B Long-Term U.S. Government Bond Portfolio
PIM Long-Term U.S. Government Bond -C Long-Term U.S. Government Bond Portfolio
PIM Total Return Bond -B Total Return Bond Portfolio
PIM Total Return Bond -C Total Return Bond Portfolio
Rydex Variable Trust
RYD OTC -B Rydex OTC Fund
RYD OTC -C Rydex OTC Fund
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FURTHER RESOLVED, That the President, or any Senior Vice President, and each of
them, with full power to act without the others, are hereby severally authorized
to execute whatever agreement or agreements may be necessary or appropriate to
enable such investments to be made, and the Board of Directors hereby ratifies
the action of any such officer in executing any such agreement prior to the date
of these resolutions; and
FURTHER RESOLVED, That the President or any Senior Vice President, and each of
them, with full power to act without the others, are hereby severally authorized
to execute and deliver such other documents and do such acts and things as each
or any of them may deem necessary or desirable to carry out the foregoing
resolutions and the intent and purposes thereof.
FURTHER RESOLVED, That these resolutions shall take effect as of September 20,
2000.
