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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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.
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1. Name and address of issuer:
AIM VARIABLE INSURANCE FUNDS, INC.
11 GREENWAY PLAZA, SUITE 1919
HOUSTON, TEXAS 77046
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2. Name of each series or class of funds for which this notice is filed:
AIM V.I. CAPITAL APPRECIATION FUND
AIM V.I. DIVERSIFIED INCOME FUND
AIM V.I. GLOBAL UTILITIES FUND
AIM V.I. GOVERNMENT SECURITIES FUND
AIM V.I. GROWTH FUND
AIM V.I. GROWTH AND INCOME FUND
AIM V.I. INTERNATIONAL EQUITY FUND
AIM V.I. MONEY MARKET FUND
AIM V.I. VALUE FUND
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3. Investment Company Act File Number: 811-7452
Securities Act File Number: 33-57340
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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):
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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:
-0-
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
-0-
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9. Number and aggregate sale price of securities sold during the fiscal year:
-0-
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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:
-0-
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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):
-0-
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<TABLE>
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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): $ -0-
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(ii) Aggregate price of shares issued in connection with
dividend reinvestment plan (from Item 11, if applicable): + -0-
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(iii) Aggregate price of shares redeemed or repurchased during
the fiscal year (if applicable): -
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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 applicable): +
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(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): $
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(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
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(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: -0-
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</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).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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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. ARTHUR
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John J. Arthur, Senior Vice President
and Treasurer
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Date: March 20, 1997
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* Please print the name and title of the signing officer below the signature.
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[FREEDMAN, LEVY, KROLL & SIMONDS LETTERHEAD]
March 10, 1997
Board of Directors
AIM Variable Insurance Funds, Inc.
11 Greenway Plaza, Suite 1919
Houston, TX 77046-1173
Gentlemen:
This opinion is given in connection with the filing by AIM Variable
Insurance Funds, Inc., a Maryland corporation (the "Fund"), of a notice
pursuant to Rule 24f-2 (the "Rule 24f-2 Notice") under the Investment Company
Act of 1940 (the "1940 Act").
In its Registration Statement on Form N-1A (File No. 33-57340 and No.
811-7452) ("Registration Statement"), filed with the Securities and Exchange
Commission ("Commission") under the Securities Act of 1933 (the "1933 Act") and
the 1940 Act, the Fund registered an indefinite number of securities. The Rule
24f-2 Notice makes definite the number of these registered securities sold
during the year ended December 31, 1996 ("shares").
We have examined the Fund's Articles of Incorporation, dated January
22, 1993, Articles of Amendment, dated April 13, 1993, Articles of Amendment,
dated April 15, 1993, Articles Supplementary, dated April 11, 1994, and
Articles of Amendment, dated April 12, 1995; the Fund's By-Laws, as amended
March 14, 1995; a Certificate of Good Standing as issued by the Maryland State
Department of Assessments and Taxation on March 10, 1997; certain Board of
Directors' resolutions; the Notification of Registration on Form N-8A filed
with the Commission under the 1940 Act on January 25, 1993; the Registration
Statement as originally filed with the Commission under the 1933 Act and the
1940 Act on the same date, and the amendments thereto filed with the SEC,
including Post-Effective Amendment No. 7 to the Registration Statement under
the 1933 Act and Amendment No. 8 to the Registration Statement under the 1940
Act, as filed with the Commission on April 29, 1996; and such corporate and
other records, certificates, representations, documents, and statutes that we
have deemed relevant in order to render the opinion expressed herein. Further,
in rendering our opinion, we have assumed, without investigation, that the Fund
issued the shares in the manner contemplated by the Registration Statement as
in effect at the time of issuance.
Based on such examination, we are of the opinion that the shares are
legally issued, fully paid and non-assessable.
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Board of Directors
March 10, 1997
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This letter expresses our opinion as to the Maryland General
Corporation Law, governing matters such as the authorization and issuance of
shares, but does not extend to the securities or "Blue Sky" laws of Maryland or
to federal securities or other laws.
Very truly yours,
/s/ FREEDMAN, LEVY, KROLL & SIMONDS
FREEDMAN, LEVY, KROLL & SIMONDS
