U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
Read instruction at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
Great American Reserve Variable Annuity Account C
11815 N. Pennsylvania Street
Carmel, IN 46032
2. Name of each series or class of funds for which this notice is
filed:
Group Variable Deferred Annuity Contracts
3. Investment Company Act File Number: 811-4819
Securities Act File Number: 33-61122
4. Last day of fiscal year for which this notice is filed:
12/31/96
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-s declaration:
Not applicable
6. Date of termination of issuer's declaration under rule 24f-2(a)(1),
if applicable (see instruction A.6):
Not applicable
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
8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2:
0
<PAGE>
9. Number and aggregate sale price of securities sold during the
fiscal year:
4,415,500 $14,590,553
10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to Rule 24f-2:
4,415,500 $14,590,553
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):
Included in 9 above
12. Calculation of registration fee:
<TABLE>
<CAPTION>
<S> <C>
(i) Aggregate sale price of securities sold during the fiscal
year in reliance on rule 24f-2 (from Item 10): $ 14,590,553
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable) + 0
-----------------
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - 8,859,237
-----------------
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): + 0
-----------------
(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-w [line
(i), plus line (ii), less line (iii), plus
line (iv)] (if applicable): 5,731,316
-----------------
(vi) Multiplier prescribed by section 6(b) of the Securities
Act of 1933 or other applicable law or regulation
(see Instruction C.6): x .0003030
-----------------
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $ 1,737
=================
</TABLE>
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 wire transfer of filing fees to the
Commission's lockbox depository:
2/24/97
<PAGE>
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/ Donald F. Gongaware
-----------------------
President
of Great American Reserve
Insurance Company,
Depositor
Date: 2/25/97
- ---------------
*Please print the name and title of the signing officer below the signature.
