As filed with the Securities and Exchange Commission on November 24, 1997
Registration No. 2-73879
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
PRE-EFFECTIVE AMENDMENT NO. ( )
POST-EFFECTIVE AMENDMENT NO. 17 (X)
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT
COMPANY ACT OF 1940
Amendment No. 13 (X)
(Check appropriate box or boxes)
MAXIM SERIES ACCOUNT
(Exact name of Registrant)
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY
(Name of Depositor)
8515 East Orchard Road
Englewood, Colorado 80111
(Address of Depositor's Principal Executive Officers) (Zip Code)
Depositor's Telephone Number, including Area Code:
(800) 537-2033
William T. McCallum
President and Chief Executive Officer
Great-West Life & Annuity Insurance Company
8515 East Orchard Road
Englewood, Colorado 80111
(Name and Address of Agent for Service)
Copy to:
James F. Jorden, Esq.
Jorden Burt Berenson & Johnson, LLP
1025 Thomas Jefferson Street, N.W., Suite 400 East
Washington, D.C. 20007-0805
It is proposed that this filing will become effective (check
appropriate space):
X Immediately upon filing pursuant to paragraph (b) of Rule 485
On May 1, 1997, pursuant to paragraph (b) of Rule 485.
60 days after filing pursuant to paragraph (a)(1) of Rule 485.
On , pursuant to paragraph (a)(1) of Rule 485.
75 days after filing pursuant to paragraph (a)(2) of Rule 485.
On , pursuant to paragraph (a)(2) of Rule 485.
If appropriate, check the following:
This post-effective amendment designates a new effective
date for a previously filed post-effective amendment.
In reliance on no-action precedent issued to Depositor in Great-West Life &
Annuity Insurance Company, Pinnacle Series Account (publicly available October
23, 1990), the Registrant has ceased filing post-effective amendments with
regard to two contracts issued under this Registration Statement. This
post-effective amendment is filed solely for the purpose of adding to the
Registration Statement the "reasonableness" representation required by Section
26(e) of the Investment Company Act of 1940, as amended by the National
Securities Markets Improvement Act of 1996. The Registrant hereby incorporates
by reference the content of the Post-Effective Amendment No. 16 to the
Registration Statements on Form N-4 which was previously filed with the
Securities and Exchange Commission with regard to these contracts.
The following representation is to be inserted immediately following the
paragraph in the Registration Statement on Form N-4, which is entitled "Item
32 Undertakings"
(d) GWL&A represents that the fees and charges deducted under
the Contracts, in the aggregate, are reasonable in relation
to the services rendered, the expenses to be incurred, and
the risks assumed by GWL&A.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets the
requirements of Rule 485(b) for effectiveness and has caused this
Post-Effective Amendment to the Registration Statement to be signed on its
behalf, in the City of Englewood, State of Colorado, on this
day of November 21, 1997.
MAXIM SERIES ACCOUNT
(Registrant)
By: /s/ William T. McCallum
President
and Chief Executive Officer of
Great-West Life & Annuity
Insurance Company
GREAT-WEST LIFE & ANNUITY
INSURANCE COMPANY
(Depositor)
By: /s/ William T. McCallum
President
and Chief Executive Officer
As required by the Securities Act of 1933, this Post-Effective
Amendment has been signed by the following persons in the capacities with
Great-West Life & Annuity Insurance Company and on the dates indicated:
Signature and Title Date
/s/ Robert Gratton* November 21, 1997
Director and Chairman of the
Board
/s/ William T. McCallum November 21, 1997
Director, President and Chief Executive
Officer
/s/ Glen R. Derback November 21, 1997
Vice President and Controller
_______________________________
Director, James Balog November ___, 1997
/s/ James W. Burns* November 21, 1997
Director
/s/ Orest T. Dackow* November 21, 1997
Director
<PAGE>
Signature and Title Date
____________________________________ November ______, 1997
Director (Andre Desmarais)
/s/ Paul Desmarais, Jr.* November 21, 1997
Director
____________________________________ November ______, 1997
Director (Robert G. Graham)
/s/ N. Berne Hart* November 21, 1997
Director
/s/ Kevin P. Kavanagh* November 21, 1997
Director
________________________________ November ______, 1997
Director (William Mackness)
/s/ Jerry E.A. Nickerson* November 21, 1997
Director
/s/ P. Michael Pitfield* November 21, 1997
Director
/s/ Michel Plessis-Belair* November 21, 1997
Director
/s/ Brian E. Walsh* November 21, 1997
Director
*By: /s/ D. C. Lennox November 21, 1997
Attorney-in-fact pursuant to Powers of Attorney filed under
Post-Effective Amendment No. 16 to this Registration Statement filed under
the Securities Act of 1933 and Post-Effective Amendments No. 10 and 11 to
Registration Statements filed under the Investment Company Act of 1940.
