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Exhibit a.(12)
NORTH AMERICAN FUNDS VARIABLE PRODUCT SERIES COMPANY I
Articles Supplementary
as Authorized by
The Maryland General Corporation Law
North American Funds Variable Product Series Company I, formerly known
as American General Series Portfolio Company, a Maryland corporation, having
its principal office in Baltimore City, Maryland (hereinafter called the
"Corporation"), hereby amends, effective October 1, 2000, its Articles of
Incorporation, as amended by Amendment One dated October 1, 1991, Amendment Two
dated May 1, 1992, Articles of Amendment dated October 1, 1997, and as
supplemented by Articles Supplementary dated April 10, 1990, September 28,
1990, April 30, 1992, January 20, 1994, February 4, 1994 and May 1, 1995
("Articles of Incorporation"), to add six new funds to the existing funds
offered by the Corporation. The Corporation is a registered open-end company
under the Investment Company Act of 1940. The addition of the six new funds has
been approved by the Board of Directors in accordance with section 2-105(c) of
the Maryland General Corporation Law.
The Corporation has filed Articles of Amendment changing its name to
North American Funds Variable Product Series Company I from American General
Series Portfolio Company. This name change was approved by the Board of
Directors at a meeting duly convened and held on July 18, 2000, and is
effective October 1, 2000.
ARTICLE V, Section (1) of the Corporation's Articles of Incorporation
currently reads as follows:
(1) The total number of shares of stock which the Corporation has
authority to issue is thirteen billion (13,000,000,000) shares of
capital stock of the par value of $0.01 each, and of the
aggregate par value of one hundred thirty million dollars
($130,000,000). These shares shall be issued in the following
classes of common stock comprising one billion shares each and
bearing the following designations, provided, however, that the
Board of Directors may increase or decrease any such number of
shares:
Stock Index Portfolio 1,000,000,000
Small Cap Index Portfolio 1,000,000,000
MidCap Index Portfolio 1,000,000,000
Asset Allocation Portfolio 1,000,000,000
Money Market Portfolio 1,000,000,000
Capital Conservation Portfolio 1,000,000,000
Government Securities Portfolio 1,000,000,000
International Equities Portfolio 1,000,000,000
Social Awareness Portfolio 1,000,000,000
