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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.
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1. Name and address of issuer:
Separate Account VUL of Integrity Life Insurance Company
515 W. Market Street
Louisville, Kentucky 40202
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2. Name of each series or class of funds for which this notice is filed:
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3. Investment Company Act File Number: 811-4388
Securities Act File Number: 2-99809
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4. Last day of fiscal year for which this notice is filed: 12/31/96
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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:
[_]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(2), if
applicable (see Instruction A.6):
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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:
0
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2: 0
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9. Number and aggregate sale price of securities sold during the fiscal
year: 5,447; $1,874,386
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10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2: 5,447;
$1,874,386
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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):
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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): $ 1,874,386
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(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable): +
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(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): - 1,874,386
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(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24e-2 (if applicable): +
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(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): 0
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(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other applicable
law or regulation (see Instruction C.6): x 1/3300
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(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: 0
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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.
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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).
[_]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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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/ Kevin L. Howard
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Assistant Secretary, Integrity Life
Insurance Company
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Date February 19, 1997
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*Please print the name and title of the signing officer below the signature.
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[ARM Financial Group, Inc. letterhead]
February 19, 1997
Integrity Life Insurance Company
515 W. Market Street
Louisville, Kentucky 40202
Re: Separate Account VUL of Integrity Life Insurance Company
Dear Sir or Madam:
This opinion is furnished in connection with the filing by Integrity Life
Insurance Company ("Integrity") of a Notice (the "Notice") pursuant to Rule
24f-2 (the "Rule") under the Investment Company Act of 1940 relating to the
registration by Integrity and its Separate Account VUL (also known as Separate
Account IN) under the Securities Act of 1933 (the "1933 Act") of an indefinite
number of units of interest (the "Units") issued under variable life insurance
policies (the "Policies"). In reliance on the Rule, 5,447 Units with an
aggregate sale price of $1,874,386 were issued in 1996 (the "1996 Units").
I have examined all such corporate records of Integrity and such other documents
and such laws as I consider appropriate as a basis for the opinion hereinafter
expressed. On the basis of such examination, it is my opinion that the Policies
under which the 1996 Units were issued, the registration of which the Notice
makes definite in number, are validly issued and binding obligations of
Integrity in accordance with their terms and are nonassessable.
Sincerely,
/s/ Kevin L. Howard
Kevin L. Howard
Assistant General Counsel
