SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1999
Commission file number 333-26675-01
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Barnett Auto Trust 1997-A
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(Exact name of registrant as specified in its charter)
United States of America 86-0888083
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(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
Interstate Tower, 121 W. Trade Street, Charlotte, North Carolina 28255
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (704) 386-5000
Securities registered pursuant to Section 12(b) of the Act: None.
Securities registered pursuant to Section 12(g) of the Act: None.
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 [X] No [ ]
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]
State the aggregate market value of the voting stock held by non-affiliates of
the registrant. None.
Indicate the number of shares outstanding of the registrant's classes of common
stock, as of the latest practicable date. None.
Documents Incorporated by Reference. None.
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PART I
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Item 1. Business
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Not applicable.
Item 2. Properties
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Not applicable.
Item 3. Legal Proceedings
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There are no material pending legal proceedings with respect to
Barnett Auto Trust 1997-A (the "Trust") involving the Trust, US
Bank National Association, as Indenture Trustee, and Bank of New
York (Delaware), as Owner Trustee (collectively, the "Trustees"),
or Bank of America, N.A, as Servicer, other than ordinary routine
litigation incidental to the Trust assets or the Trustees' or
the Servicer's duties under the applicable Sales and Servicing
Agreement.
Item 4. Submission of Matters to a Vote of Security Holders
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None.
PART II
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Item 5. Market for the Registrant's Common Equity and Related Stockholder
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Matters
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(a) Market Information. There is no established public trading
market for the Notes.
(b) Holders. Since each of the Notes was issued in book entry
form only, there is only one holder of record of each Series
of Notes. See Item 12 below.
(c) Dividends. Not applicable.
Item 6. Selected Financial Data
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Not applicable.
Item 7. Management's Discussion and Analysis of Financial Condition and
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Results of Operations
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Not applicable.
Item 8. Financial Statements and Supplementary Data
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Not applicable.
Item 9. Changes in and Disagreements with Accountants on Accounting and
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Financial Disclosure
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None.
PART III
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Item 10. Directors and Executive Officers of the Registrant
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Not applicable.
Item 11. Executive Compensation
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Not applicable.
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Item 12. Security Ownership of Certain Beneficial Owners and Management
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The Notes are represented by one or more notes registered in the name
of Cede & Co., the nominee of The Depository Trust Company ("DTC").
An investor holding an interest in the Trust is not entitled to
receive a note representing such interest except in limited
circumstances. Accordingly, Cede & Co. is the sole holder of record
of the Notes, which it holds on behalf of brokers, dealers, banks and
other participants in the DTC system. Such participants may hold
notes for their own accounts or for the accounts of their customers.
The address of Cede & Co. is:
Cede & Co.
c/o The Depository Trust Company
Attention: Proxy Department
Seven Hanover Square
New York, New York 10004
Item 13. Certain Relationships and Related Transactions
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There has not been, and there is not currently proposed, any
transaction or series of transactions, to which either the Trust or
Bank of America, N.A. Inc., as Servicer, is a party with any
Noteholder or any member of the immediate family of any such
Noteholder who, to the knowledge of the Servicer, owns of record or
beneficially more than five percent of the Notes.
PART IV
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Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K
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(a) 1. Not applicable.
2. Not applicable.
3. Exhibits:
99.1 Annual Statement as to Compliance
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(b) Reports on Form 8-K.
Barnett Auto Trust 1997-A filed a Current Report on Form
8-K pursuant to Items 5 and 7 for the following monthly
distribution dates during 1999, including the Servicer's
Certificate for each due period provided to US Bank National
Association, as Indenture Trustee, and Bank of New York
(Delaware), as Owner Trustee.
Date of Reports on Form 8-K
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January 15, 1999
February 15, 1999
March 15, 1999
April 15, 1999
May 15, 1999
June 15, 1999
July 15, 1999
August 16, 1999
September 15, 1999
October 15, 1999
November 15, 1999
December 15, 1999
(c) The exhibits filed as part of this report are listed in the
Index to Exhibits on page 6.
(d) Not applicable.
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SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.
Barnett Auto Trust 1997-A
By: /s/ Jill B. Stewart
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Jill B. Stewart
Senior Vice President
Bank of America, N.A.
(Duly Authorized Officer)
Date: March 30, 2000
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