UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number: 2-35669
(Check One)
X Form 10-K and Form 10-KSB Form 11-K
Form 20-F Form 10-Q and Form 10-QSB Form N-SAR
For period ended: December 31, 1999
Transition Report on Form 10-K and Form 10-KSB
Transition Report on Form 20-F
Transition Report on Form 11-K
Transition Report on Form 10-Q and Form 10-QSB
Transition Report on Form N-SAR
For the Transition Period Ended:
Read Attached Instruction Sheet Before Preparing Form.
Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filling checked above, identify
the Item(s) to which the notification relates:
PART I
REGISTRANT INFORMATION
Full name of registrant: Security National Financial Corporation
Former Name if Applicable:
Address of Principal Executive Office (Street and Number)
5300 South 360 West, Suite 250
Salt Lake City, Utah 84123
PART II
RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 132b-25(b), the following
should be completed. (Check box if appropriate).
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense:
X (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or form N-SAR, or portion
thereof, will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly
report of transition report on Form 10-Q, or portion thereof will
be filed on or before the fifth calendar day following the
prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12(b)-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 11-K, 10-Q, N-SAR,
or the transition report or portion thereof, could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
The Form 10-K cannot be completed within the requested time period due to the
complexities and additional time involved in completeing the required financial
statements, primarily as a result of the change in registrant's independent
auditors from Ernst & Young LLP to Tanner + Co., effective as of December 21,
1999, and the change in personnel in the accounting department of Southern
Security Life Insurance Company ("Southern Security"), which registrant operates
as a subsidiary due to the December 7, 1998 acquisition by registrant of 57.4%
of the outstanding shares of common stock of Southern Security.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Randall A. Mackey 801 575-5000
(name) (area code) (telephone number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months (or for such shorter) period that
the registrant was required to file such report(s) been filed? If answer is
no, identify report(s).
X Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof?
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
[ ] Yes X No
Security National Financial Corporation
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: March 30, 1999 By: Scott M. Quist
Scott M. Quist
First Vice President, General
Counsel and Treasurer
