As filed with the Securities and Exchange Commission on July 25, 1997
Registration No. 2-98384
811-3930
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________
POST-EFFECTIVE AMENDMENT NO. 12
TO
FORM S-6
________________
FOR REGISTRATION UNDER THE SECURITIES ACT
OF 1933 OF SECURITIES OF UNIT INVESTMENT TRUSTS
REGISTERED ON FORM N-8B-2
_________________________
A. Exact name of trust:
Keyport Variable Account I
B. Name of depositor:
Keyport Life Insurance Company
C. Complete address of depositor's principal executive offices:
125 High Street
Boston, Massachusetts 02110
D. Name and complete address of agent for service:
James J. Klopper, Vice President & Counsel
Keyport Life Insurance Company
125 High Street
Boston, Massachusetts 02110
copy to:
Joan E. Boros, Esq.
Katten Munchin & Zavis
1025 Thomas Jefferson Street, N.W.
Washington, DC 20007
E. Title and amount of securities being registered:
Individual Single Premium Variable Life Insurance Policies
Registrant has registered an indefinite number or amount of securities
under the Securities Act of 1933 pursuant to Investment Company Act
Rule 24f-2 (17 CFR 270.24f-2) and the Rule 24f-2 Notice for
Registrant's fiscal year 1996 was filed February 28, 1997.
It is proposed that this filing will become effective:
(X) immediately upon filing pursuant to paragraph (b) of Rule 485
( ) on [date] pursuant to paragraph (b) of Rule 485
( ) 60 days after filing pursuant to paragraph (a)(1) of Rule 485
( ) on [date] pursuant to paragraph (a)(1) of rule 485
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This Amendment No. 12 to the Registration Statement on Form S-6 which
initially became effective on January 21, 1986 (the "Registration
Statement") relates only to the represention included herein and does not
otherwise delete, amend, or supersede any information contained in Post-
Effective Amendment No. 11 to the Registration Statement.
Financial Statements are not included in this Post-Effective Amendment to
the Registration Statement. Financial statements are provided to
policyholders each year pursuant to the requirements as set forth in the
SEC no-action response to Great-West Life and Annuity Co. (pub. avail.
October 23, 1990) upon which Registrant is relying.
PART II
UNDERTAKING TO FILE REPORTS
Subject to the terms and conditions of Section 15(d) of the Securities
Exchange Act of 1934, the undersigned registrant hereby undertakes to file
with the Securities and Exchange Commission such supplementary and periodic
information, documents, and reports as may be prescribed by any rule or
regulation of the Commission heretofore or hereafter duly adopted pursuant
to authority conferred in that section.
Representation
Depositor represents that the fees and charges deducted under the
contract, in the aggregate, are reasonable in relation to the services
rendered, the expenses expected to be incurred, and the risks assumed by
the Depositor. Further, this representation applies to each form of the
contract described in a prospectus and statement of additional information
included in this registration statement.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant, KEYPORT VARIABLE ACCOUNT I and KEYPORT LIFE INSURANCE COMPANY,
certifies that it meets all of the requirements for effectiveness of this
Registration Statement pursuant to rule 485(b) under the Securities Act of
1933 and has duly caused this Amended Registration Statement to be signed
on its behalf by the undersigned thereunto duly authorized, and its seal to
be hereunto affixed and attested, all in the City of Boston and
Commonwealth of Massachusetts, on the 25 day of July, 1997.
KEYPORT VARIABLE ACCOUNT I
(Registrant)
BY: KEYPORT LIFE INSURANCE COMPANY
(Depositor)
BY: /s/John W. Rosensteel
John W. Rosensteel
President
*BY: /s/James J. Klopper July 25, 1997
James J. Klopper Date
Attorney-in-Fact
* James J. Klopper has signed this document on the indicated date on
behalf of Mr. Rosensteel pursuant to power of attorney duly executed by him
and included in Post-Effective Amendment No. 11 to the Registration
Statement on Form S-6 filed on or about April 28, 1995 (File Nos. 2-98384;
811-3930).
Pursuant to the requirements of the Securities Act of 1933, this
Amended Registration Statement has been signed below by the following
persons in the capacities and on the dates indicated.
KENNETH R. LEIBLER* JOHN W. ROSENSTEEL*
KENNETH R. LEIBLER JOHN W. ROSENSTEEL
Chairman of the Board President
(Principal Executive Officer)
FREDERICK R. BALLOU* PAUL H. LEFEVRE, JR.*
FREDERICK R. BALLOU PAUL H. LEFEVRE, JR.
Director Senior Vice President
(Principal Financial Officer)
FREDERICK LIPPITT*
FREDERICK LIPPITT
Director
ERSKINE N. WHITE*
ERSKINE N. WHITE
Director
JOHN W. ROSENSTEEL*
JOHN W. ROSENSTEEL
Director
*By: /s/James J. Klopper July 25, 1997
James J. Klopper Date
Attorney-in-Fact
* James J. Klopper has signed this document on the indicated date on
behalf of each of the above Directors and Officers of the Depositor
pursuant to powers of attorney duly executed by such persons and
included in Post-Effective Amendment No. 11 to the Registration
Statement on Form S-6 filed on or about April 28, 1995 (File Nos. 2-
98384; 811-3930).