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Pacific Select Exec Separate Acct Pacific Life Ins, et al. – ‘N-6’ on 2/24/15 – ‘EX-99.(11)’

On:  Tuesday, 2/24/15, at 11:15am ET   ·   Private-to-Public:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1193125-15-59457   ·   File #s:  811-05563, 333-202248

Previous ‘N-6’:  ‘N-6/A’ on 6/20/11   ·   Next:  ‘N-6/A’ on 5/22/15   ·   Latest:  ‘N-6’ on 12/1/23   ·   49 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/24/15  Pacific Select Exec Sep Acct… Ins N-6¶                  11:6.4M                                   Donnelley … Solutions/FA
          → Pacific Select Exec Separate Account of Pacific Life (811-05563) ⇒ Pacific Select VUL-Accumulation New Class/Contract!

Registration Statement for a Separate Account (Unit Investment Trust)   —   Form N-6
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: N-6         Pacific Select Vul-Accumulation                     HTML    770K 
11: COVER     ¶ Comment-Response or Cover Letter to the SEC         HTML      9K 
 9: EX-99.(11)  Opinion and Consent of Legal Officer                HTML     11K 
10: EX-99.(17)  Memorandum Describing Issuance, Transfer and        HTML     26K 
                Redemption Procedures                                            
 2: EX-99.(4)(A)  Flexible Premium Variable Life Insurance Policy   HTML    295K 
 3: EX-99.(4)(B)  Annual Renewable Term Rider                       HTML     61K 
 4: EX-99.(4)(C)  Scheduled Annual Renewable Term Rider             HTML     75K 
 5: EX-99.(4)(D)  Overloan Protection 3 Rider                       HTML     35K 
 6: EX-99.(4)(E)  Benefit Distribution Rider                        HTML     18K 
 7: EX-99.(5)(A)  Application for Flexible Premium Variable Life    HTML     87K 
                Insurance Policy                                                 
 8: EX-99.(5)(B)  Benefit Distribution Rider Supplement             HTML     12K 
                Application

‘EX-99.(11)’   —   Opinion and Consent of Legal Officer

This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

  Opinion and Consent of Legal Officer  

Sharon A. Cheever

Senior Vice President

General Counsel

Law Department

Telephone (949) 219-3852

FAX (949) 219-3706

email: Sharon.Cheever@PacificLife.com

February 24, 2015

Pacific Life Insurance Company

700 Newport Center Drive

Newport Beach, CA 92660

Dear Sirs:

In my capacity as Senior Vice President and General Counsel of Pacific Life Insurance Company (“Pacific Life”) I, or attorneys employed by Pacific Life under my general supervision, have supervised the establishment of Pacific Select Exec Separate Account of Pacific Life Insurance Company which has been authorized by resolutions of the Board of Directors of Pacific Life adopted November 20, 1986 and November 22, 1989 and Memoranda dated May 12, 1988 and January 26, 1993 concerning Pacific Select Exec Separate Account as the separate account for assets applicable to Pacific Select VUL-Accumulation Flexible Premium Variable Universal Life Insurance Policies (“Policies”), pursuant to the provisions of Section 10506 of the Insurance Code of the State of California. Moreover, I have been associated with the preparation of the Registration Statement on Form N-6 (“Registration Statement”) (File No. pending) filed by Pacific Life and Pacific Select Exec Separate Account (File No. 811-05563) with the Securities and Exchange Commission, under the Securities Act of 1933, as amended, for the registration of interests in the Pacific Select Exec Separate Account funding the Policies.

I have made such examination of the law and examined such corporate records and such other documents as in my judgment are necessary and appropriate to enable me to render the following opinion that:

 

  1. Pacific Life has been duly organized under the laws of the State of Nebraska and is a validly existing corporation.

 

  2. Pacific Select Exec Separate Account is duly created and validly existing as a separate account, pursuant to the aforesaid provisions of California Law and maintained under the laws of the State of Nebraska.

 

  3. The portion of the assets to be held in Pacific Select Exec Separate Account equal to the reserves and other liabilities under the Contracts and any other Contracts issued by Pacific Life that are supported by Pacific Select Exec Separate Account is not chargeable with liabilities arising out of any other business Pacific Life may conduct.

 

  4. The Contracts have been duly authorized by Pacific Life and, when issued as contemplated by the Registration Statement, will constitute legal, validly issued and binding obligations of Pacific Life, except as limited by bankruptcy and insolvency laws affecting the right of creditors generally.

I hereby consent to the filing of this opinion as an exhibit to the Registration Statement.

Very truly yours,

/s/ SHARON A. CHEEVER

Sharon A. Cheever

Senior Vice President and

General Counsel

Dates Referenced Herein

This ‘N-6’ Filing    Date    Other Filings
Filed on:2/24/15None on these Dates
1/26/93
 List all Filings 

49 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/19/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:7.9M                                   Toppan Merrill/FA
 4/19/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:8M                                     Toppan Merrill/FA
 4/19/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:10M                                    Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:8.1M                                   Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:10M                                    Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24   12:9.6M                                   Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24    3:2.7M                                   Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24    3:2.7M                                   Toppan Merrill/FA
 4/18/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24    3:8.3M                                   Toppan Merrill/FA
 4/16/24  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/24    3:6.4M                                   Toppan Merrill/FA
 4/21/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:7.7M                                   Toppan Merrill/FA
 4/21/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:7.7M                                   Toppan Merrill/FA
 4/21/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:9.9M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:7.9M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:9.9M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23   11:9.5M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23    2:2.5M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23    2:2.5M                                   Toppan Merrill/FA
 4/20/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23    2:8M                                     Toppan Merrill/FA
 4/18/23  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/23    2:6.2M                                   Toppan Merrill/FA
 4/22/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/22/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/22/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:17M                                    Toppan Merrill/FA
 4/21/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:67M                                    Toppan Merrill/FA
 4/19/22  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/22    3:50M                                    Toppan Merrill/FA
 2/02/22  Pacific Select Exec Sep Acct… Ins 485APOS                2:2.4M                                   Toppan Merrill/FA
 4/23/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:45M                                    Toppan Merrill/FA
 4/23/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:61M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
 4/22/21  Pacific Select Exec Sep Acct… Ins 485BPOS     5/01/21    4:15M                                    Toppan Merrill/FA
10/16/20  Pacific Select Exec Sep Acct… Ins N-6/A                  2:13M                                    Toppan Merrill/FA
10/16/20  Pacific Select Exec Sep Acct… Ins N-6/A                  2:13M                                    Toppan Merrill/FA
10/14/20  Pacific Select Exec Sep Acct… Ins N-6/A                  2:13M                                    Toppan Merrill/FA
10/14/20  Pacific Select Exec Sep Acct… Ins N-6/A10/14/20    3:13M                                    Toppan Merrill/FA
 9/25/20  Pacific Select Exec Sep Acct… Ins N-6/A9/25/20    5:2.7M                                   Toppan Merrill/FA
 9/25/20  Pacific Select Exec Sep Acct… Ins N-6/A9/25/20    5:2.7M                                   Toppan Merrill/FA
 8/26/20  Pacific Select Exec Sep Acct… Ins N-6/A8/26/20    3:2.2M                                   Toppan Merrill/FA
 8/26/20  Pacific Select Exec Sep Acct… Ins N-6/A8/26/20    3:2.2M                                   Toppan Merrill/FA
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Filing Submission 0001193125-15-059457   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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