MASSACHUSETTS MUTUAL VARIABLE LIFE SEPARATE ACCOUNT I
24F-2NT, 1997-02-28
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<PAGE>
 
                                  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.
 
================================================================================
 1.   Name and address of issuer:  Massachusetts Mutual Variable Life
                                   Separate Account I
                                   1295 State Street
                                   Springfield, MA 01111-0001

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 2.   Name of each series or class of funds for which this notice is filed:
 
      Massachusetts Mutual Variable Life Separate Account I (segment relating
      to Securities Act file number 33-23126)

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 3.   Investment Company Act File Number:  811-5616
 
      Securities Act File Number:  33-23126

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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. [_]
      
      Not Applicable
- --------------------------------------------------------------------------------
 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.
      
      Number of Securities:  0

- --------------------------------------------------------------------------------
 8.   Number and amount of securities registered during the fiscal year other 
      than pursuant to rule 24f-2:
 
      Number of Securities:  0
- --------------------------------------------------------------------------------
 9.   Number and aggregate sale price of securities sold during the fiscal year:
   
      Aggregate Sale Price:  $5,165,071
- --------------------------------------------------------------------------------
 10.  Number and aggregate sale price of securities sold during the fiscal year
      in reliance upon registration pursuant to rule 24f-2:
 
      Aggregate Sale Price:  $5,165,071
- --------------------------------------------------------------------------------
 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):
      
      Aggregate Sale Price:  $0
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<PAGE>
 
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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):
                                                                    $ 5,165,071
                                                                     -----------
      (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):
                                                                    - 2,741,412
                                                                     -----------
      (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-2 
             [line (i), plus line (ii), less line (iii), plus 
             line (iv)] (if applicable):
                                                                      2,423,659
                                                                     -----------
      (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
                                                                     -----------

      (vii)  Fee due [line (i) or line (v) multiplied by line (vi)]   734.44
                                                                     ===========

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:
 
      February 28, 1997
- --------------------------------------------------------------------------------
                                   SIGNATURE
This report has been signed below by the following person on behalf of the
issuer and in the capacity and on the date indicated.
 
By (Signature and Title)*              /s/ Thomas F. English
                                      ------------------------------------------
                                      Thomas F. English
                                      Second Vice President and 
                                      Associate General Counsel
 
 
Date February 28, 1997
    -------------------------- 

 * Please print the name and title of the signing officer below the signature.
================================================================================


                                  FORM 24F-2
<PAGE>
 
                                 February 17, 1997

Securities and Exchange Commission
Document Control - Room 1004
450 Fifth Street, N.W.
Judiciary Plaza
Washington, DC 20549

Re:  Rule 24f-2 Notice
     File No. 33-23126

Ladies & Gentlemen:

Massachusetts Mutual Variable Life Separate Account I ("Separate Account I") is
a separate investment account established by Massachusetts Mutual Life Insurance
Company ("MassMutual") on July 13, 1988 by the Executive Committee of
MassMutual's Board of Directors in accordance with the provisions of Section
132G of Chapter 175 of the Massachusetts General Laws.  Under Massachusetts law,
both Separate Account I and MassMutual are subject to regulation by the
Massachusetts Division of Insurance.

Separate Account I is preparing to file a Rule 24f-2 Notice (the "Notice") with
the Commission pursuant to Rule 24f-2 (the "Rule") under the Investment Company
Act of 1940, as amended, for the year ended December 31, 1996.  As Attorney for
MassMutual, I have acted as counsel to Separate Account I.  I am familiar with
the action taken by the Board of Directors of MassMutual to authorize the
issuance of Separate Account I contracts and have examined such documents as I
deem necessary for the purpose of this opinion.

I assume that appropriate action has been taken to register or qualify the sale
of the Securities under any applicable state or federal laws regulating
offerings and sales of securities and that the notice will be timely filed.  I
also assume that Separate Account I or its authorized agent received the
authorized payment of the Securities in accordance with the terms described in
Separate Account I's Registration Statement on Form S-6 (File No. 33-23126)
under the Securities Act of 1933.
<PAGE>
 
Securities and Exchange Commission
February 17, 1997
Page 2

Based on the foregoing I am of the opinion that the Securities were validly
issued, fully paid and non-assessable.

I consent to this opinion accompanying the Notice when filed with the Commission



Sincerely,

/s/ James M. Rodolakis
- -------------------------
James M. Rodolakis
Attorney


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