<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
(Mark One)
____X___ Annual Report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the fiscal year ended
December 31, 1999 or
_________ Transition report pursuant to section 13 or 15(d) of the
Securities Exchange Act of 1934 for the transition period from
_________to _________.
Commission file number: 000-24883
Exact name of Registrant as specified in its charter:
Green Tree Floorplan Receivables Master Trust
State or other jurisdiction of incorporation or organization: Minnesota
I.R.S. Employer Identification No.: 41-1823871
Address of principal executive offices:
1100 Landmark Towers, 345 St. Peter Street, Saint Paul, Minnesota
55102-1639
Registrant's telephone number, including area code: (651) 293-3400
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Floorplan Receivable Trust Certificates, Series1998-1
Floorplan Receivable Trust Certificates, Series1998-2
Floorplan Receivable Trust Certificates, Series1999-1
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes ______ No ___X___
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [X]
1 of 5
<PAGE>
PART I
Item 1. BUSINESS.
The Trust was formed to hold Floorplan Receivables and related
assets and to issue Series of Floorplan Receivable Trust
Certificates. The Trust will only acquire and hold the Floorplan
Receivables and related assets, issue the Certificates and the
Exchangeable Transferor Certificate, and engage in related
activities (including, with respect to any Series, entering into
any credit enhancement agreement relating thereto). The Trust has
issued seven Series of Certificates: Series 1995-1, Series 1996-1,
Series 1996-2, Series 1998-1, Series 1998-A, Series 1998-2 and
Series 1999-1. The Series 1995-1 Certificates, the Series 1996-2
Certificates and the Series 1998-A Certificates have been retired.
Item 2. PROPERITIES.
Not applicable.
Item 3. LEGAL PROCEEDINGS.
Not applicable.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
Not applicable.
PART II
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS.
As of December 31, 1999, the Trust had 36 holders of record of the
Certificates, computed in accordance with Rule 12g5-1 under the
Securities Exchange Act of 1934, as amended.
Item 6. SELECTED FINANCIAL DATA.
Not applicable.
Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATION.
Not applicable.
2 of 5
<PAGE>
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Not applicable.
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
Not applicable.
PART III
Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.
Not applicable.
Item 11. EXECUTIVE COMPENSATION.
Not applicable.
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.
Not applicable.
Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
Not applicable.
PART IV
Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K.
(a) The annual report of independent accountants, dated March 30,
2000, delivered pursuant to Section 3.6 of the Pooling and
Servicing Agreement, is filed herewith.
(b) None.
3 of 5
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
GREEN TREE FLOORPLAN RECEIVABLES MASTER TRUST
By: Green Tree Floorplan Funding Corp.
Date: December 14, 2000 By: /s/ Phyllis A. Knight
----------------------------------------
Senior Vice President and Treasurer
----------------------------------------
4 of 5
<PAGE>
EXHIBIT INDEX
Item
----
99.1 The annual report of independent accountants, dated March 30, 2000,
delivered pursuant to Section 3.6 of the Pooling and Servicing
Agreement.
5 of 5
