SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report: March 7, 1997 (Date of earliest event reported) CITIZENS, INC. (Exact name of registrant as specified in its charter) COLORADO (State or other jurisdiction of incorporation) 0-16509 84-0755371 (Commission File Number) (IRS Employer Identification Number) 400 East Anderson Lane Austin, Texas 78752 (Address of principal (Zip Code) executive offices) (512) 837-7100 (Registrant's telephone number) Item 1. Changes in Control of Registrant. None. Item 2. Acquisition or Disposition of Assets. None. Item 3. Bankruptcy or Receivership. None. Item 4. Certifying Accountants. None. Item 5. Other Events. The following officer elections were effective as of March 7, 1997 for Registrant and its subsidiaries: Name Title Mark A. Oliver President and Assistant Treasurer Clayton D. Dunham Executive Vice President and Chief Operating Officer William P. Barnhill Treasurer John K. Drisdale, Jr. Secretary Randall H. Riley resigned as a director and officer of Registrant and its subsidiaries effective March 7, 1997. T. Roby Dollar was appointed to the executive committees of Registrant's subsidiaries. Item 6. Resignations of Registrant's Directors. None. Item 7. Financial Statements and Exhibits. None. Item 8. Change in Fiscal Year. None. Item 9. Sales of Equity Securities Pursuant to Regulation S None. SIGNATURE Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on Registrant's behalf by the undersigned, duly authorized and empowered officer of the Registrant. CITIZENS, INC. By:/s/ Mark A. Oliver Mark A. Oliver, President Date: March 21, 1997