[Federal Register Volume 61, Number 169 (Thursday, August 29, 1996)]
[Notices]
[Page 45467]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-22007]


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SECURITIES AND EXCHANGE COMMISSION
[Rel. No. IC-22163; File No. 811-8534]


Pruco Life Individual Variable Annuity Account

August 22, 1996.
AGENCY: The Securities and Exchange Commission (the ``Commission'').

ACTION: Notice of Application for an Order under the Investment Company 
Act of 1940 (``1940 Act'').

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APPLICANTS: Pruco Life Individual Variable Annuity Account 
(``Applicant'').

RELEVANT 1940 ACT SECTIONS: Order requested under Section 8(f) of the 
1940 Act.

SUMMARY OF THE APPLICATION: Applicants seek an order declaring that it 
has ceased to be an investment company, as defined by the 1940 Act.

FILING DATES: The application was filed on August 2, 1996.

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, personally or by 
mail. Hearing requests should be received by the SEC by 5:30 p.m. on 
September 16, 1996, 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 requestor'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 Commission.

ADDRESSES: Secretary, Securities and Exchange Commission, 450 Fifth 
Street, N.W., Washington, D.C. 20549. Applicant, Pruco Life Insurance 
Company, 213 Washington Street, Newark, NJ 08102-2922.

FOR FURTHER INFORMATION CONTACT: Veena K. Jain, Attorney, or Patrice M. 
Pitts, Special Counsel, 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.

Applicant's Representations

    1. Applicant is a unit investment trust established by Pruco Life 
Insurance Company (``Pruco Life'') as a separate account under the laws 
of the State of Arizona on May 9, 1994.
    2. Applicant filed a notification of registration under Section 
8(a) of the 1940 Act, and a registration statement on Form N-4 pursuant 
to Section 8(b) of the 1940 Act and the Securities Act of 1933 on May 
31, 1994, in connection with the offering by Pruco Life of certain 
flexible payment individual variable annuity contracts (``Contracts''). 
Such Form N-4 registration statement did not become effective, and no 
public offering commenced.
    3. For business reasons, Pruco Life determined not to go forward 
with the offering of the Contracts, and there have been no sales made 
by Applicant of securities of which it is the issuer.
    4. At the time of the application, Applicant had no security 
holders, assets or liabilities, and Applicant is not a party to any 
litigation or administrative proceeding.
    5. There have been no distributions to security holders of 
Applicant in connection with the winding-up of Applicant's affairs 
pursuant to any dissolution, liquidation or merger.
    6. Within the last 18 months, Applicant has not transferred its 
assets to a separate trust, the beneficiaries of which were or are the 
security holders of Applicant.
    7. Applicant is not engaged in, nor does it 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, 
under delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-22007 Filed 8-28-96; 8:45 am]
BILLING CODE 8010-01-M