SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NTS PROPERTIES V, a Maryland Limited Partnership
(Name of Issuer)
62942E308
(CUSIP Number)
BKK Financial, Inc.
c/o John W. Hampton
10172 Linn Station Road
Louisville, Kentucky 40223
(502) 426-4800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications
September 30, 1996
(Date of Event which Requires of filing the Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b) (3) or (4), check the following box: [ ]
Check the following box if a fee is being paid with this statement: [ ]
Page 1 of 5 pages
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CUSIP NO. (62942E308) Page 2 of 5 pages
- --------------------------------------------------------------------------------
1)Name of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons
31-1868440
- --------------------------------------------------------------------------------
2)Check Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3)SEC Use Only
- --------------------------------------------------------------------------------
4)Source of Funds OO
- --------------------------------------------------------------------------------
5)Check if Disclosure of Legal Proceedings is required Pursuant to items 2(d)
or 2(e) [ ]
- --------------------------------------------------------------------------------
6)Citizenship or Place of Organization: Indiana
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power 1,879
------------------------------------
Beneficially Owned (8) Shared Voting Power 0
------------------------------------
by Each Reporting (9) Sole Dispositive Power 1,879
------------------------------------
Person With (10) Shared Dispositive Power 0
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CUSIP NO. (62942E308) Page 3 of 5 pages
11) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,879
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
[ ]
13) Percent of Class Represented by Amount in Row (11): 5.2 %
14) Type of Reporting Person (See Instructions): CO
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CUSIP NO. (62942E308) Page 4 of 5 pages
ITEM 1. SECURITY AND ISSUER
The title of the class of equity securities to which this statement
relates is Limited Partnership Interests (Units), of NTS-Properties V,
a Maryland Limited Partnership (the "Issuer").
The name and address of the principal executive offices of the Issuer
are:
NTS-Properties V, a Maryland Limited Partnership
10172 Linn Station Road
Louisville, Kentucky 40223
ITEM 2. IDENTITY AND BACKGROUND.
a. Name: BKK Financial, Inc.
b. Business and Principal 2810 Willow Lake Drive
Office Address: Indianapolis, Indiana 46268-4251
c. BKK Financial, Inc. is an S Corporation under the Internal
Revenue Code.
d. During the last five years, BKK Financial, Inc. was not
convicted in a criminal proceeding.
e. During the last five years, BKK Financial, Inc. was not a
party to a civil proceeding of any judicial or administrative
body which resulted in a judgment or order relating to a
violation of any federal or state securities laws.
f. BKK Financial, Inc. is an Indiana Corporation.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION.
BKK Financial, Inc. has paid a total of approximately $256,920 for its
investment in Limited Partnership Units, funds for which were provided
from loans to the corporation from Barbara M. Nichols, a minority
shareholder.
ITEM 4 PURPOSE OF TRANSACTION
BKK Financial, Inc. has acquired its Units with an investment intent
consistent with the Issuer's business plan.
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CUSIP NO. (62942E308) Page 5 of 5 pages
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
BKK Financial, Inc. owns 1,879 Units, which represents approximately
5.2% of the outstanding units.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
BKK Financial, Inc. is owned 49% each by the majority age daughters of
and 2% by the spouse of, Mr. J. D. Nichols, who is a general partner of
NTS-Properties Associates V, the general partner of NTS Properties V.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
BKK Financial, Inc.
/s/ John W. Hampton
-------------------
John W. Hampton
Senior Vice President
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