ATEL CASH DISTRIBUTION FUND II
15-12G, 1999-05-10
EQUIPMENT RENTAL & LEASING, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                     FORM 15

      Certification  and Notice of  Termination  of  Registration  under Section
       12(g) of the  Securities  Exchange Act of 1934 or  Suspension  of Duty to
       File Reports Under Section 13 and 15(d) of the Securities Exchange Act
                                    of 1934.

                         Commission File Number 0-17631

         ATELCash Distribution Fund II, a California Limited Partnership
             (Exact name of Registrant as specified in its charter)


          235 Pine Street, 6th Floor, San Francisco, California 94104
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (415) 989-8800

                            Limited Partnership Units
            (Title of each class of securities covered by this Form)

None Titles of all other classes of securities  for which a duty to file reports
under section 13(a) or 15(d) remains)

Place an X in the box(es) to designate the appropriate rule provision(s)  relied
upon to terminate or suspend the duty to file reports:


        Rule 12g-4(a)(1)(i)      |X|       Rule 12h-3(b)(1)(ii)        |_|
        Rule 12g-4(a)(1)(ii)     |_|       Rule 12h-3(b)(2)(i)         |_|
        Rule 12g-4(a)(2)(i)      |_|       Rule 12h-3(b)(2)(ii)        |_|
        Rule 12g-4(a)(2)(ii)     |_|       Rule 15d-6                  |_|
        Rule 12h-3(b)(1)(i)      |_|

Approximate number of holders of record as of the certification date:  None

As of December 31, 1998, the Partnership (as noted in its "Final Report" on Form
10K) had  disposed  of all of its  assets,  had ceased  operations  and had been
dissolved.

Pursuant to the  requirements  of the securities  Exchange Act of 1934 ATEL Cash
Distribution   Fund,  a   California   Limited   Partnership   has  caused  this
certification/notice  to be  signed  on  its  behalf  by  the  undersigned  duly
authorized person.

Date:   5/7/99

By:     ATEL Financial Corporation, General Partner

        /s/  Donald E. Carpenter
        ---------------------------------
        Donald E. Carpenter,
        Vice President and Controller


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