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PRUDENTIAL ANNUITIES LIFE ASSURANCE CORP/CT FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events
| Edgar Online, Inc. |
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. OnAugust 30, 2013 ,Prudential Annuities Life Assurance Corporation (the "Company") received approval from theArizona and Connecticut Departments of Insurance to redomesticate the Company fromConnecticut toArizona effectiveAugust 31, 2013 . In connection with the redomestication, the Company's Board ofDirectors andPrudential Annuities, Inc. , the Company's sole shareholder, approved the Company's Articles of Domestication and amendments to the Company's Amended and Restated By-Laws, which both become effective onAugust 31, 2013 . As a result of the redomestication, the Company is now anArizona insurance company and its principal insurance regulatory authority is theArizona Department of Insurance . Additionally, the Company is now domiciled in the same jurisdiction as the primary reinsurer of the Company's living benefits,Pruco Reinsurance, Ltd. ("Pruco Re"), which is also regulated by theArizona Department of Insurance . This change enables the Company to claim statutory reserve credit for business ceded to Pruco Re without the need for Pruco Re to collateralize its obligations under the reinsurance agreement. Copies of the Articles of Domestication and the Amended and Restated By-Laws are attached to this Current Report on Form 8-K as Exhibits 3.1 and 3.2, respectively. Item 8.01 Other Events. The response to Item 5.03 above is hereby incorporated herein by reference. 9.01 Financial Statements and Exhibits (d) Exhibits 3.1 Articles of Domestication ofPrudential Annuities Life Assurance Corporation , effectiveAugust 31, 2013 . 3.2 Amended and Restated By-Laws ofPrudential Annuities Life Assurance Corporation , effectiveAugust 31, 2013 .
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