Notice Regarding Application for Authority to Execute Closing Agreement


The following Application for Authority to Execute Closing Agreement (the "Application") has been filed with the State Corporation Commission of the Commonwealth of Virginia (the "Commission").  The purpose of the Application is to request authority from the Commission to enter into a Closing Agreement with the Internal Revenue Service in order to settle a claim for excise taxes and related penalties that could otherwise be very costly to The Reciprocal Group ("TRG") estate and, in turn, TRG’s creditors. A hearing has not been requested before the Commission; however, a hearing will be scheduled if any party with a legitimate interest files objections to the Application. If none are filed, the Deputy Receiver has requested that the Commission proceed with the approval of the Application.

If you would like to know if and when a hearing on the Application is scheduled, please submit your request and contact information to TRG by mail to: 4200 Innslake Drive, Suite 102, Glen Allen, Virginia 23060, by telephone: (800) 284-8847, or via e-mail to info@reciprocalgroup.com, and you will be alerted regarding the hearing date should one be scheduled. Please feel free to contact TRG at the above mailing address, telephone number, or e-mail address should you have any questions.

Application for Authority to Execute Closing Agreement