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File No. 33-90208
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notification of Election
Under
Rule 24f-1
Under the
Investment Company Act of 1940
By
ACACIA NATIONAL LIFE INSURANCE COMPANY
With Respect To
ACACIA NATIONAL VARIABLE LIFE INSURANCE
SEPARATE ACCOUNT I
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September 5, 1996
Acacia National Life Insurance Company, on its own behalf and on
behalf of Acacia National Variable Life Insurance Separate Account I, hereby
files this Notification of Election pursuant to Rule 24f-1 under the Investment
Company Act of 1940, electing to have the registration of certain securities
under the Securites Act of 1933 deemed effective as of the time of their sale,
and hereby submits the following information in connection therewith, as
required by Rule 24f-2(b):
1. File Number: 33-90208.
2. Name and address of issuer:
Acacia National Variable Life Insurance Separate Account I
51 Louisiana Avenue, N.W.
Washington, D.C. 20001
3.. Identity of Security:
Individual Flexible Premium Variable Life Insurance Policies
4. Number of shares with respect to which this notification is filed:
The securities, being variable life insurance policies, are not
issued in shares. The number of policies with respect to which
this notification is filed is 162.
5. Period of time during which the securities were sold:
July 1, 1996 through August 30, 1996, inclusive.
6. Computation of filing fee:
The filing fee of $ 697.59 was computed in the manner specified
in Form 24f-2 (aggregate sale price of $ 674,324 x 1/2900 =
$232.53) and then multiplied times three as specified in Rule
24f-1(c).
7. The issuer hereby confirms that the policies with respect to which
this notification is filed were sold in accordance with the issuer's
usual method of distributing its registered securities, under which
prospectuses are made available for delivery to offerees and
purchasers of such securities in accordance with Section 5(b) of the
Securities Act of 1933.
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8. Attached hereto as Exhibit A is a certified copy of a resolution of
the board of directors of the issuer authorizing the filing of this
notification, signed for the issuer by a duly authorized officer
thereof.
9. Attached hereto as Exhibit B is an opinion of counsel as to the
legality of the securities being registered, indicating whether they
were legally issued, fully paid and non-assessable.
IN WITNESS WHEREOF, Acacia National Life Insurance Company has duly
caused this Notification of Election to be duly signed by a duly authorized
officer thereof on its behalf and on behalf of Acacia National Variable Life
Insurance Separate Account I in Washington, D.C. on the 5th day of September,
1996.
Acacia National Variable Life Insurance Separate Account I
Acacia National Life Insurance Company
By: /s/
-----------------------------------------------------
Ellen Jane Abromson
2nd Vice President and Associate Counsel
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EXHIBIT A
Certified Copy
of the
Board of Director's Resolution
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ACACIA NATIONAL LIFE INSURANCE COMPANY
SECRETARY'S CERTIFICATION
AUGUST 30, 1996
I HEREBY CERTIFY that at a meeting of the Board of Directors of the Acacia
National Life Insurance Company, a corporation organized in 1974 and operating
under the laws of the Commonwealth of Virginia, held on the 30th day of August,
1996, upon motion duly made, and seconded, the following resolution was
unanimously adopted and is in full force and effect.
RESOLVED THAT:
The Board of Directors of Acacia National Life Insurance Company hereby
authorizes the filing of a Securities and Exchange Commission notification
pursuant to 24f-1 to have the registration of the Variable Life Insurance
policies under the Securities Act of 1933 that were sold subsequent to June
30, 1996 and prior to August 30, 1996 deemed effective as of the time of
their sale.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AS ASSISTANT SECRETARY OF THE
ACACIA NATIONAL LIFE INSURANCE COMPANY AND AFFIXED THE CORPORATE SEAL, THIS
30TH DAY OF AUGUST, 1996.
/s/
------------------------------------------
SEAL W. Nicholas Goetz, Assistant Secretary
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EXHIBIT B
Opinion of Counsel
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August 30, 1996
Acacia National Life Insurance Company
51 Louisiana Avenue, N.W.
Washington, D.C. 20001
Re: Investment Company Act File Number: 811-8998
Securities Act File Number: 33-90208
Gentlemen:
This opinion is furnished in connection with the registration by Acacia
National Life Insurance Company of a flexible premium variable life insurance
policy ("Policy") under the Securities Act of 1933. In my professional opinion
the securities sold subsequent to June 30, 1996 and prior to August 30, 1996
are validly issued, fully paid and non-assessable.
Sincerely,
/s/
Robert-John H. Sands
Sr. Vice President and
General Counsel
