U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24f-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
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1. Name and address of issuer:
Life of Virginia Separate Account 4
6610 West Broad Street
Richmond, Virginia 23230
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2. Name of each series or class of funds for which this notice is filed:
Life of Virginia Separate Account 4
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3. Investment Company Act File Number: 811-5343
Securities Act File Number: 33-76334
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4. Last day of fiscal year for which this notice is filed:
December 31, 1996
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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)(1), if applicable
(see instruction A.6):
Not Applicable.
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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:
Not Applicable.
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8. Number and amount of securities registered during the fiscal year other than
pursuant to Rule 24f-2:
Not Applicable.
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9. Number and aggregate sale price of securities sold during the fiscal year:
$653,745,951.00 * (See note in Item 12 below)
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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:
$653,745,951.00 * (See note in Item 12 below)
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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):
Not Applicable.
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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 $ 653,745,951.00 *
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10):
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11, + 0
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if applicable):
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if applicable): - 27,011,861.00 **
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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 + 0
----
applicable):
(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 626,734,090.00
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(iv)] (if applicable): ***
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(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or x 1/3300
regulation (see Instruction C.6):
(vii) Fee due [line (i) or line (v) multiplied by $ 189,919.42 ****
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line (vii)]:
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* This number represents the total aggregate number of Life of Virginia
Separate Account 4 interests sold in connection with Securities Act
Registrations # 33-17428, 33-76334 and 33-76336. ** This number
represents the total aggregate number of Life of Virginia Separate
Account 4 interests redeemed in connection with Securities Act
Registrations # 33-17428, 33-76334 and 33-76336. *** This number
represents the total aggregate net sales of Life of Virginia Separate
Account 4 interests sold in connection with Securities Act
Registrations # 33-17428, 33-76334 and 33-76336. ****This is the
registration fee payable with respect to the total aggregate net sales
of Life of Virginia Separate Account 4 interests sold in connection
with Securities Act Registrations # 33-17428, 33-76334 and 33-76336.
This fee is being paid in connection with the Form 24f-2 filed in
connection with Registration # 33- 17428.
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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).
X
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
February 28, 1997
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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/ JOHN J. PALMER
John J. Palmer, Senior Vice President
Date 02/25/97
* Please print the name and title of the signing officer below the signature.
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February 14, 1997
The Life Insurance Company of Virginia
6610 West Broad Street
Richmond, Virginia 23230
RE: Registrations No. 33-17428, 33-76334 and 33-76336
Life of Virginia Separate Account 4
Gentlemen:
This opinion is furnished in connection with the preparation and filing by The
Life Insurance Company of Virginia with the Securities and Exchange Commission
of a certain notice to be filed pursuant to the provisions of Rule 24f-2, under
the Investment Company Act of 1940, making definite in amount the registration
of those securities set forth in the notices issued by Life of Virginia Separate
Account 4 in connection with the offer and sale of flexible premium variable
deferred annuity policies during the period from January 1, 1996 through
December 31, 1996.
I have examined such documents and such law as I considered necessary and
appropriate, and on the basis of such examination, it is my opinion that:
1. The Life Insurance Company of Virginia is duly organized and
validly existing under the laws of the Commonwealth of
Virginia and has been duly authorized to issue individual
flexible premium variable deferred annuity policies by the
Bureau of Insurance of the State Corporation Commission of the
Commonwealth of Virginia.
2. Life of Virginia Separate Account 4 is a duly authorized and
existing separate account established pursuant to the
provisions of Section 38.2-3113 of the Code of Virginia.
3. The interests in Life of Virginia Separate Account 4 (as
represented by the flexible premium variable deferred annuity
policies whose cash values were held in the separate account)
that were issued during the period between January 1, 1996
through December 31, 1996 were legally issued, fully paid and
non-assessable.
I consent to the filing of this opinion in conjunction with the filing of the
aforementioned notice pursuant to paragraph (b)(2) of Rule 24f-2.
Very truly yours,
/s/ WILLIAM E. DANER, JR.
William E. Daner, Jr.
Counsel
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