Securities and Exchange Commission February 8, 2007 – Federal Register Recent Federal Regulation Documents
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Country Investors Life Assurance Company, et al.
Applicants seek an order pursuant to Section 26(c) of the 1940 Act approving the substitution of: (1) Shares of the EquiTrust High Grade Bond Portfolio (``Replacement Portfolio A'') of the EquiTrust Variable Insurance Series Fund (the ``EquiTrust Fund'') for shares of the COUNTRY VP Short-Term Bond Fund (``Replaced Portfolio A'') of the COUNTRY Mutual Funds Trust (the ``COUNTRY Fund''); and (2) shares of the T. Rowe Price Personal Strategy Balanced Portfolio (``Replacement Portfolio B'') of the T. Rowe Price Equity Series, Inc. (the ``T. Rowe Price Fund'') for shares of the COUNTRY VP Balanced Fund (``Replaced Portfolio B'') of the COUNTRY Fund. Shares of Replacement Portfolio A, Replacement Portfolio B, Replaced Portfolio A, and Replaced Portfolio B currently are held by the Life Account and the Annuity Account (each an ``Account,'' together, the ``Accounts'') to support variable life insurance or variable annuity contracts, respectively, issued by the Company (collectively, the ``Contracts'').
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