SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
January 25, 2000
BANK OF AMERICA CORPORATION,
On behalf of
THE NATIONSBANK 401(K) PLAN
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
1-6523
(Commission File Number)
56-0906609
(IRS Employer Identification No.)
100 North Tryon Street
Charlotte, North Carolina
(Address of principal executive offices)
28255
(Zip Code)
(704) 386-5000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
Changes in Certifying Accountant of The NationsBank 401(k)
Plan. PricewaterhouseCoopers LLP ("PWC") was dismissed as the
independent accountants for The NationsBank 401(k) Plan (the "Plan")
effective as of the close of business February 7, 2000. The reports of
PWC on the financial statements of the Plan at December 31, 1998 and
December 31, 1997 and for the three years ended December 31, 1998,
contain no adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting
principle. The decision to change accountants was recommended by the
General Auditor of Bank of America Corporation and approved by the
Corporate Benefits Committee of Bank of America Corporation. In
connection with its audits for the two most recent fiscal years and
through the date of dismissal, there have been no disagreements with
PWC on any matter of accounting principle or practice, financial
statement disclosure or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of PWC would have
caused PWC to make reference thereto in their report on the financial
statements for such years. During the two most recent fiscal years and
through the date of dismissal, there have been no reportable events
pursuant to Item 304 (a)(1)(v) of Regulation S-K.
The Plan engaged Morris, Davis & Chan as its new independent
accountants as of January 25, 2000. During the most recent two fiscal
years and through the date of engagement, the Plan has not consulted
with Morris, Davis & Chan on items regarding either (i) the application
of accounting principles to a specified transaction, either completed
or proposed; (ii) the type of audit opinion that might be rendered on
the Plan's financial statements; or (iii) the subject matter of a
disagreement or reportable event with the Plan's former auditor
pursuant to Item 304(a)(2) of Regulation S-K.
The Plan has provided a copy of this disclosure to PWC, and
PWC has provided the Plan with a letter addressed to the SEC stating
that it agrees with the statements set forth above. A copy of that
letter, dated February 9, 2000, is filed as Exhibit 16 to this Form
8-K.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibit is filed herewith:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
16 Letter from PricewaterhouseCoopers LLP to the Securities and
Exchange Commission regarding change in certifying accountant
of The NationsBank 401(k) Plan
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Bank of America Corporation Corporate Benefits Committee has duly
caused this report to be signed on behalf of The NationsBank 401(k) Plan by the
undersigned hereunto duly authorized.
THE NATIONSBANK 401(K) PLAN
By: /s/ Charles D. Loring
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Charles D. Loring
Senior Vice President
Bank of America Corporation
Dated: February 10, 2000
<PAGE>
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION OF EXHIBIT
16 Letter from PricewaterhouseCoopers LLP to the Securities and
Exchange Commission regarding change in certifying accountant
of The NationsBank 401(k) Plan
<PAGE>
February 9, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Bank of America Corporation on behalf of The
NationsBank 401(k) Plan (copy attached), which we understand will be filed with
the Commission, pursuant to Item 5 of Form 8-K, as part of the Company's Form
8-K report to be filed on February 10, 2000. We agree with statements concerning
our Firm in such Form 8-K.
Very truly yours,
/S/PricewaterhouseCoopers LLP
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PricewaterhouseCoopers LLP
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