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: FBL Money Market Fund, Inc.,
5400 University Avenue, West Des Moines, IA 50266
2. Name of each series or class of funds for which this notice
is filed: N/A
3. Investment Company Act File Number:
Securities Act File Number: 1933
4. Last day of fiscal year for which this notice is filed:
July 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 [ ]:
6. Date of termination of issuer's declaration under rule 24f-
2(a)(1), if applicable (see Instruction A.6):
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:
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2:
9. Number and aggregate sale price of securities sold during
the fiscal year:
77,494,901 shares, $77,494,901
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to rule
24f-2:
77,494,901 shares, $77,494,901
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):
916,068 shares, $916,068
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): $ 77,494,901
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if
applicable): + 916,068
(iii)Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - 73,813,827
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): $ N/A
(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): 4,597,142
(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation
(see Instruction C.6): X 1/2900
(vii)Fee due [line (i) or line (v) multiplied by line
(vi)]: $
1,585
Instruction: Issuers should complete lines (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 write transfer of filing fees to the
Commission's lockbox depository:
September 6, 1996
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 (Signature and Title)* /s/ Dennis M. Marker
Dennis M. Marker, Vice President
Date September 4, 1996
*Please print the name and title of the signing officer below the
signature.
Vedder, Price, Kaufman & Kammholz
222 N. LaSalle St.
Chicago, IL 60601-1003
312-609-7500
Charles F. Custer
312-609-7545
September 11, 1996
Board of Directors
FBL Money Market Fund, Inc.
5400 University Avenue
West Des Moines, IA 50266
Re: Rule 24f-2 Notice for FBL Money Market Fund, Inc.
File No 2-70162
Dear Sirs and Madam;
Reference is made to the Rule 24f-2 Notice being filed by
FBL Money Market Fund, Inc. (hereinafter called the "Fund") and
the 77,494,901 shares of capital stock, par value $0.001 per
shares, of the Fund specified therein as having been sold during
the period ended July 31, 1996 in reliance upon the prior
declaration by the Fund of registration of an indefinite amount
of securities pursuant to Rule 24f-2 under the Investment Company
Act of 1940. We have acted as counsel for the Fund and in such
capacity have had general legal supervision of its corporate
proceedings.
It is our opinion that the Fund is a corporation existing
under the laws of the State of Maryland and is authorized to
issue a total of 500 million shares.
It is our further opinion that said 77,494,901 shares of
capital stock to which said Rule 24f-2 Notice relates are legally
issued, fully paid and non-assessable.
In rendering this opinion, we have relied upon an Officer's
Certificate executed by an Assistant Secretary of the Fund
representing, among other things, that all shares of the Fund
have been issued at the net asset value determined in accordance
with the Fund's Prospectus ($1.00 per shares) upon the Fund's
receipt of an order in proper form and payment therefor from the
investor, in accordance with the procedures described in the
Prospectus for the Fund.
This opinion is solely for the benefit of the Fund, the
Fund's Board of Directors and the Fund's officers and may not be
relied upon by any other person without prior written consent.
We consent to the use of this opinion in connection with the Rule
24f-2 Notice to be filed with the Securities and Exchange
Commission pursuant to Rule 24f-2 under the Investment Company
Act of 1940.
Very truly yours,
VEDDER, PRICE, KAUFMAN & KAMMHOLZ
/s/ Charles F. Custer
Charles F. Custer
