<PAGE>
As filed with the Securities and Exchange Commission on May 14, 1997
Registration No.: 33-27783
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [_]
POST-EFFECTIVE AMENDMENT NO. 11 [X]
AND
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [_]
AMENDMENT NO. 12 [X]
LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT H
(Exact Name of Registrant)
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
(Name of Depositor)
1300 South Clinton Street
Post Office Box 1110
Fort Wayne, Indiana 46801
- --------------------------------------------------------------------------------
(Address of Depositor's Principal Executive Offices)
Depositor's Telephone Number, including Area Code: (219)455-2000
JACK D. HUNTER, ESQ.
200 East Berry Street
Post Office Box 1110
Fort Wayne, Indiana 46802
- --------------------------------------------------------------------------------
(Name and Address of Agent for Service)
Copy to:
Susan S. Krawczyk
Sutherland, Asbill & Brennan, L.L.P.
1275 Pennsylvania Avenue, N.W.
Washington, DC 20004
DECLARATION PURSUANT TO RULE 24F-2
The Registrant has registered an indefinite amount of securities under the
Securities Act of 1933 pursuant to Rule 24f-2 of the Investment Company Act of
1940. Pursuant to Rule 24f-2(b)(2), the Registrant filed a Rule 24f-2 Notice
for the last fiscal year (1996) on February 28, 1997.
It is proposed that this filing will become effective
[X] immediately upon filing pursuant to paragraph (b) of Rule 485
[_] on pursuant to paragraph (b) of Rule 485
[_] 60 days after filing pursuant to paragraph (a)(1) of Rule 485
[ ] on ------, ------ 1997 Pursuant to paragraph (a)(1) of Rule 485
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant hereby certifies that this
Amendment meets all the requirements for effectiveness under paragraph (b) of
Rule 485 under the Securities Act of 1933, and duly has caused this Amendment
to the Registration Statement to be signed on its behalf, in the City of Fort
Wayne, and the State of Indiana on this 14th day of May, 1997.
LINCOLN NATIONAL VARIABLE ANNUITY
ACCOUNT H (American Legacy II)
(Registrant)
By: /s/ Stephen H. Lewis
-------------------------------------
Stephen H. Lewis
(Signature-Officer of Depositor)
Senior Vice President, LNL
(Title)
By: THE LINCOLN NATIONAL LIFE
INSURANCE COMPANY (LNL)
(Depositor)
By: /s/ Jon A. Boscia
-------------------------------------
Jon A. Boscia
President
(Title)
Pursuant to the requirements of the Securities Act of 1933, this Amendment
to the Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature Title Date
- --------- ----- ----
/s/ Jon A. Boscia President, Chief Executive May 14, 1997
- ----------------- Officer & Director
Jon A. Boscia (Principal Executive
Officer)
/s/ Jack D. Hunter Executive Vice President, May 14, 1997
- ------------------ General Counsel & Director
Jack D. Hunter
- ---------------------- Executive Vice President ----------------
Lawrence T. Rowland and Director
** Vice President and Controller May 14, 1997
- ------------------------- (Principal Accounting
O. Douglas Worthington Officer)
/s/ Keith J. Ryan Vice President, and Assistant May 14, 1997
- ----------------- Treasurer and Chief
Keith J. Ryan Financial Officer (Principal
Financial Officer)
*
- ---------------------- Director May 14, 1997
Ian M. Rolland
- ---------------------- Director ----------------
H. Thomas McMeekin
/s/ Richard C. Vaughan Director May 14, 1997
- ----------------------
Richard C. Vaughan
*By /s/ Jeremy Sachs pursuant to a Power of Attorney filed with the
---------------- initial Registration Statement
Jeremy Sachs Statement.
**By /s/ Jeremy Sachs pursuant to a Power of Attorney filed with Post-
----------------- Effective Amendment No. 5 to this Registration
Jeremy Sachs Statement.
<PAGE>
Exhibit 10
Consent of Ernst & Young LLP, Independent Auditors
We consent to the reference to our firm under the caption "Independent Auditors"
in the Post Effective Amendment No. 10 to the Registration Statement (Form N-4
No. 33-27783), the Pre Effective Amendment No. 1 to the Registration Statement
(Form No. 333-18419), and the related Statement of Additional Information
appearing therein and pertaining to Lincoln National Variable Annuity Account H,
and to the use therein of our reports dated (a) February 6, 1997, with respect
to the statutory-basis financial statements of The Lincoln National Life
Insurance Company for each of the three years in the period ended December 31,
1996; (b) February 7, 1996, with respect to the consolidated financial
statements of The Lincoln National Life Insurance Company for each of the three
years in the period ended December 31, 1995; and (c) March 14, 1997, with
respect to the financial statements of Lincoln National Variable Annuity Account
H.
/s/ Ernst & Young LLP
Fort Wayne, Indiana
March 27, 1997
