[Federal Register Volume 62, Number 180 (Wednesday, September 17, 1997)]
[Notices]
[Pages 48910-48911]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-24686]


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SECURITIES AND EXCHANGE COMMISSION

[Rel. No. IC-22818; File No. 811-4820]


Great American Reserve Variable Annuity Account D; Notice of 
Application

September 11, 1997.
AGENCY: Securities and Exchange Commission (``SEC'' or ``Commission'').

ACTION: Notice of application for an order under Section 8(f) of the 
Investment Company Act of 1940 (``1940 Act'').

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SUMMARY OF APPLICATION: Applicant seeks an order declaring that it has 
ceased to be an investment company as defined by the 1940 Act.

APPLICANT: Great American Reserve Variable Annuity Account D.

FILING DATES: The application was filed on April 1, 1996, and amended 
and restated on July 8, 1997.

HEARING OR NOTIFICATION OF HEARING: An order granting the application 
will be issued unless the Commission orders a hearing. Interested 
persons may request a hearing by writing to the Secretary of the SEC 
and serving Applicant with a copy of the request, in person or by mail. 
Hearing requests should be received by the SEC by 5:30 p.m. on October 
6, 1997, and should be accompanied by proof of service on Applicant, in 
the form of an affidavit, or, for lawyers, a certificate of service. 
Hearing requests should state the nature of the requester's interest, 
the reason for the request, and the issues contested. Persons may 
request notification of a hearing by writing to the Secretary of the 
SEC.

ADDRESSES: Secretary, Securities and Exchange Commission, 450 Fifth 
Street, N.W., Washington, D.C. 20549. Applicant, Great American Reserve 
Variable Annuity Fund, 11815 N. Pennsylvania St., Carmel, Indiana 
46032.

FOR FURTHER INFORMATION CONTACT: Michael Koffler, Attorney, or Mark 
Amorosi, Branch Chief, Office of Insurance Products (Division of 
Investment Management), at (202) 942-0670.

SUPPLEMENTARY INFORMATION: Following is a summary of the application; 
the complete application is available for a fee from the Public 
Reference Branch of the SEC, 450 Fifth Street, N.W., Washington, D.C. 
20549.

Applicant's Representations

    1. Applicant, a separate account of Great American Reserve 
Insurance

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Company (``Great American Reserve''), is an open-end, diversified 
management investment company for which a notification of registration 
as an investment company on Form N-8A was filed with the Commission on 
August 29, 1986. Applicant succeeded to the business of Voyager 
Variable Annuity Account D, a separate account established in 1980 by 
Voyager Life Insurance Company from whom Great American Reserve 
acquired the assets of Applicant on May 15, 1986. On December 27, 1985, 
Applicant filed a registration statement under the Securities Act of 
1933 on Form N-3 (File No. 33-2459), for individual and group variable 
annuity contracts. The registration statement was declared effective on 
or about May 20, 1986.
    2. The security holders of Applicant, Great American Reserve 
Variable Annuity Account C (``Account C'') and Great American Reserve 
Variable Annuity Fund (``Annuity Fund''), at a combined special meeting 
of security holders held on December 14, 1992, approved an Agreement 
and Plan of Reorganization (``Reorganization'') of Applicant, Account C 
and Annuity Fund. The Board of Directors of Great American Reserve 
authorized the Reorganization on February 28, 1993.
    3. On May 1, 1993, the effective date of the Reorganization, 
Applicant, Account C and Annuity Fund were combined and restructured 
into a single unit investment trust separate (Account C). The security 
holders of Applicant received an interest in the Money Market Sub-
account of Account C in exchange for, and equal in value to, their 
interest in Applicant.
    4. Great American Reserve paid all expenses associated with 
Applicant's merger.
    5. Within the last 18 months, Applicant has not transferred any of 
its assets to a separate trust, the beneficiaries of which were or are 
security holders of the Applicant
    6. Applicant has no assets, no debts or other liabilities, and no 
security holders. Applicant is not a party to any litigation or 
administrative proceeding, and is not engaged and does not propose to 
engage in any business activities other than those necessary for the 
winding up of its affairs.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-24686 Filed 9-16-97; 8:45 am]
BILLING CODE 8010-01-M