UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-8F
I. General Identifying Information
1. Reason fund is applying to deregister (check only one; for descriptions, see
Instruction 1 above):
/ / Merger
/ / Liquidation
/X/ Abandonment of Registration (Note: Abandonments of Registration answer only
questions 1 through 15, 24 and 25 of this form and complete verification at the
end of the form.)
/ / Election of status as a Business Development Company (Note: Business
Development Companies answer only questions 1 through 10 of this form and
complete verification at the end of the form.)
2. Name of fund: Farm Bureau Life Variable Account II
3. Securities and Exchange Commission File No.: 811-08639
4. Is this initial Form N-8F or an amendment to a previously filed Form N-8F?
/X/ Initial Application / / Amendment
5. Address of Principal Executive Office (include No. & Street, City, State, Zip
Code):
5400 University Avenue
West Des Moines, IA 50266
6. Name, address and telephone number of individual the Commission staff should
contact with any questions regarding this form:
Lloyd F. Bernard
Sutherland Asbill & Brennan LLP
1275 Pennsylvania Avenue, N.W.
Washington, D.C. 20004
202-383-0261
or
Kristi Rojohn
Farm Bureau Life Insurance Company
5400 University Avenue
West Des Moines, IA 50266
515-226-6028
7. Name, address and telephone number of individual or entity responsible for
maintenance and preservation of fund records in accordance with rules 31a-1 and
31a-2 under the Act [17 CFR 270.31a-1,.31a-2]:
Farm Bureau Life Insurance Company
5400 University Avenue
West Des Moines, IA 50266
1-515-225-5400
NOTE: Once deregistered, a fund is still required to maintain and preserve the
records described in rules 31a-1 and 31a-2 for the periods specified in those
rules.
8. Classification of fund (check only one):
/ / Management company;
/X/ Unit investment trust; or
/ / Face-amount certificate company.
9. Subclassification if the fund is a management company (check only one):
/ / Open-end / / Closed-end
10. State law under which the fund was organized or formed (e.g., Delaware,
Massachusetts):
Iowa
11. Provide the name and address of each investment adviser of the fund
(including sub-advisers) during the last five years, even if the fund's
contract with those advisers have been terminated:
The fund is a unit investment trust separate account and does not have its own
investment adviser or investment sub-advisers.
12. Provide the name and address of each principal underwriter of the fund
during the last five years, even if the fund's contracts with those
underwriters have been terminated:
EquiTrust Marketing Services, LLC
5400 University Avenue
West Des Moines, IA 50266
13. If the fund is a unit investment trust ("UIT") provide:
(a) Depositor's name(s) and address(es):
Farm Bureau Life Insurance Company
5400 University Avenue
West Des Moines, IA 50266
(b) Trustee's name(s) and address(es): None
14. Is there a UIT registered under the Act that served as a vehicle for
investment in the fund (e.g., an insurance company separate account)?
/ / Yes /X/ No
If Yes, for each UIT state:
Name(s):
File No.: 811-
Business Address:
15. (a) Did the fund obtain approval from the board of directors concerning the
decision to engage in a Merger, Liquidation or Abandonment of Registration?
/ / Yes /X/ No
If Yes, state the date on which the board vote took place:
If No, explain: Since its inception in 1998, the fund has sold no policies, and
has had no assets. Therefore, the depositor has made the business decision
to discontinue the fund.
(b) Did the fund obtain approval from the shareholders concerning the decision
to engage in a Merger, Liquidation or Abandonment of Registration?
/ / Yes /X/ No
If Yes, state the date on which the shareholder vote took place:
If No, explain: The fund has never had any shareholders.
II Distributions to Shareholders
16. Has the fund distributed any assets to its shareholders in connection with
the Merger or Liquidation?
/ / Yes / No
(a) If Yes, list the date(s) on which the fund made those distributions:
(b) Were the distributions made on the basis of net assets?
/ / Yes / / No
(c) Were the distributions made pro rata based on share ownership?
/ / Yes / / No
(d) If No to (b) or (c) above, describe the method of distributions to
shareholders. For Mergers, provide the exchange ratio(s) used and explain
how it was calculated:
(e) Liquidations only:
Were any distributions to shareholders made in kind?
/ / Yes / / No
If Yes, indicate the percentage of fund shares owned by affiliates, or any other
affiliation of shareholders:
17. Closed-End funds only:
Has the fund issued senior securities?
/ / Yes / / No
If Yes, describe the method of calculating payments to senior securityholders
and distributions to other shareholders:
18. Has the fund distributed all of its assets to the fund's shareholders?
/ / Yes / / No
If No,
(a) How many shareholders does the fund have as of the date this form is
filed?
(b) Describe the relationship of each remaining shareholder to the fund:
19. Are there any shareholders who have not yet received distributions in
complete liquidation of their interests?
/ / Yes / / No
If Yes, describe briefly the plans (if any) for distributing to, or preserving
the interests of, those shareholders:
III. Assets and Liabilities
20. Does the fund have any assets as of the date this form is filed? (See
question 18 above)
/ / Yes / / No
If Yes,
(a) Describe the type and amount of each asset retained by the fund as of the
date this form is filed:
(b) Why has the fund retained the remaining assets?
(c) Will the remaining assets be invested in securities?
/ / Yes / / No
21. Does the fund have any outstanding debts (other than face-amount
certificates if the fund is a face-amount certificate company) or any other
liabilities?
/ / Yes / / No
If Yes,
(a) Describe the type and amount of each debt or other liability:
(b) How does the fund intend to pay these outstanding debts or other
liabilities?
IV. Information About Event(s) Leading to Request For Deregistration
22. (a) List the expenses incurred in connection with the Merger or
Liquidation:
(i) Legal expenses:
(ii) Accounting expenses:
(iii) Other expenses (list and identify separately):
(iv) Total expenses (sum of lines (i)-(iii) above):
(b) How were these expenses allocated?
(c) Who paid those expenses?
(d) How did the fund pay for unamortized expenses (if any)?
23. Has the fund previously filed an application for an order of the Commission
regarding the Merger or Liquidation?
/ / Yes / / No
If Yes, cite the release numbers of the Commission's notice and order or, of no
notice or order has been issued, the file number and date the application was
filed:
V. Conclusion of Fund Business
24. Is the fund a party to any litigation or administrative proceeding?
/ / Yes /X/ No
If Yes, describe the nature of any litigation or proceeding and the position
taken by the fund in that litigation:
25. Is the fund now engaged, or intending to engage, in any business activities
other than those necessary for winding up its affairs?
/ / Yes /X/ No
If Yes, describe the nature and extent of those activities:
VI. Mergers Only
26. (a) State the name of the fund surviving the Merger:
(b) State the Investment Company Act file number of the fund surviving the
Merger:
(c) If the merger or reorganization agreement has been filed with the
Commission, state the file number(s), form type used and date agreement was
filed:
(d) If the merger or reorganization agreement has not been filed with the
Commission, provide a copy of the agreement as an exhibit to this form.
VERIFICATION
The undersigned states that (i) he or she has executed this Form N-8F
application for an order under section 8(f) of the Investment Company Act of
1940 on behalf of Farm Bureau Life Variable Account II; (ii) he or she is
the Senior Vice President, General Counsel and Secretary of Farm Bureau Life
Variable Account II; and (iii) all actions by shareholders, directors, and any
other body necessary to authorize the undersigned to execute and file this
Form N-8F application have been taken. The undersigned also states that the
facts set forth in this form N-8F application are true to the best of his or
her knowledge, information and belief.
Farm Bureau Life Variable Account II
By: /s/ Stephen M. Morain
Name (Print): _Stephen M. Morain_
Title: _Senior Vice President, General Counsel and Secretary_
