SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
Date of Report: March 7, 1997
(Date of earliest event reported)
CITIZENS, INC.
(Exact name of registrant as specified in its charter)
COLORADO
(State or other jurisdiction of
incorporation)
0-16509 84-0755371
(Commission File Number) (IRS Employer
Identification Number)
400 East Anderson Lane
Austin, Texas 78752
(Address of principal (Zip Code)
executive offices)
(512) 837-7100
(Registrant's telephone number)
Item 1. Changes in Control of Registrant.
None.
Item 2. Acquisition or Disposition of Assets.
None.
Item 3. Bankruptcy or Receivership.
None.
Item 4. Certifying Accountants.
None.
Item 5. Other Events.
The following officer elections were effective as of March
7, 1997 for Registrant and its subsidiaries:
Name Title
Mark A. Oliver President and Assistant
Treasurer
Clayton D. Dunham Executive Vice President and
Chief Operating Officer
William P. Barnhill Treasurer
John K. Drisdale, Jr. Secretary
Randall H. Riley resigned as a director and officer of
Registrant and its subsidiaries effective March 7, 1997.
T. Roby Dollar was appointed to the executive committees of
Registrant's subsidiaries.
Item 6. Resignations of Registrant's Directors.
None.
Item 7. Financial Statements and Exhibits.
None.
Item 8. Change in Fiscal Year.
None.
Item 9. Sales of Equity Securities Pursuant to Regulation S
None.
SIGNATURE
Pursuant to the requirement of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on Registrant's behalf by the undersigned, duly authorized and
empowered officer of the Registrant.
CITIZENS, INC.
By:/s/ Mark A. Oliver
Mark A. Oliver,
President
Date: March 21, 1997