February 21, 1995
SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, N. W.
Judiciary Plaza
Washington, D. C. 20549
RE: Rule 24f-2 Notice for Torchmark Government Securities Fund, Inc.
File Nos. 33-49121 and 811-7053/CIK#892249
Dear Sir or Madam:
1. This Notice is being filed for the fiscal period ended December 31, 1994;
2. At the beginning of such fiscal period the issuer had no securities
registered under the Securities Act of 1933, other than pursuant to this
section;
3. During such fiscal period the issuer registered no securities other than
pursuant to this section;
4. The issuer sold 18,607 shares during such fiscal period*; and
5. The 18,607 shares were sold during such fiscal period in reliance upon
registration pursuant to this section.
This Notice is accompanied by an opinion of counsel as prescribed by paragraph
(b)(1)(v) of Rule 24f-2. An additional filing fee as prescribed by paragraph
(c) of said Rule is not enclosed since during such fiscal year net redemptions
exceeded sales.
Very truly yours,
Sharon K. Pappas
Secretary
*During such fiscal period ended December 31, 1994, the issuer sold 18,607
shares in reliance upon registration pursuant to Rule 24f-2 at an actual
aggregate sale price of $180,340 and redeemed 31,622 shares at an aggregate
repurchase price of $298,435. None of such redeemed shares were previously
applied by the issuer pursuant to Section 24e-2(a) in filings made pursuant to
Section 24(e)(1) of the Investment Company Act of 1940. Since the shares
redeemed during the issuer's fiscal year exceeded shares sold, a filling fee as
prescribed in Section 6(b) of the Securities Act of 1933 is not required.
February 21, 1995
Torchmark Government Securities Fund, Inc.
6300 Lamar Avenue
P. O. Box 29217
Shawnee Mission, Kansas 66201-9217
Dear Sir or Madam:
In connection with the public offering of shares of Capital Stock, par value
$0.01 per share of Torchmark Government Securities Fund, Inc., I have examined
such corporate records and documents and have made such further investigation
and examination as I deemed necessary for the purpose of this opinion.
It is my opinion that the 18,607 shares of Capital Stock of Torchmark Government
Securities Fund, Inc., registration of which the notice makes definite in
number, were legally issued, fully paid and nonassessable.
I hereby consent to the filing of this opinion with the Rule 24f-2 Notice.
Very truly yours,
Sharon K. Pappas
Attorney at Law
SKP:ss
