ITEM 1. BUSINESS
Not applicable.
ITEM 2.
ITEM 2. PROPERTIES
Not applicable.
ITEM 3.
ITEM 3. LEGAL PROCEEDINGS
There were no material pending legal proceedings relating to the Trust to which any of the Trust, the Indenture Trustee, the Owner Trustee, or the Bank was a party or of which any of their respective properties was the subject during the fiscal year covered by this Report, nor is the Bank aware of any such proceedings contemplated by governmental authorities.
ITEM 4.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matter was submitted to a vote of noteholders, and no noteholder consent was solicited during the fiscal year covered by this Report.
PART II
ITEM 5.
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
(a) There is no established trading market for the Notes issued by the Trust.
(b) As of December 31, 2001, there were less than 300 holders of record of all classes of Notes.
ITEM 6.
ITEM 6. SELECTED FINANCIAL DATA
Not applicable.
ITEM 7.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Not applicable.
ITEM 7. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Not applicable.
ITEM 8.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Not applicable
ITEM 9.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
PART III
ITEM 10.
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANTS
Not applicable.
ITEM 11.
ITEM 11. EXECUTIVE COMPENSATION
Not applicable.
ITEM 12.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
Not applicable.
ITEM 13.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Not applicable.
PART IV
ITEM 14.
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
(a) (1) Not applicable.
(2) Not applicable.
(3) The required exhibits are as follows:
EXHIBIT NUMBER DOCUMENT DESCRIPTION ------- --------------------
4.1 Indenture between First Security Auto Owner Trust 1999-2, as issuer, and Chase Manhattan Bank, as indenture trustee, dated as of June 2, 1999.*
4.2 Trust Agreement between Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as seller and servicer, and Wilmington Trust Company, as owner trustee dated as of June 2, 1999.**
10.1 Sale and Servicing Agreement among Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as seller and servicer, First Security Auto Owner Trust 1999-2, as issuer, and Chase Manhattan Bank, as indenture trustee, dated as of June 2, 1999.**
10.2 Administration Agreement between First Security Auto Owner Trust 1999-2 and Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as administrator, dated as of June 2, 1999.**
99.1 Monthly Servicer's Reports
99.2 Independent Accountant's Report
99.3 Management Representation Letter and Assertion
-------------- * Incorporated herein by reference to Exhibit 99 to the Current Report on Form 8-K of First Security Auto Owner Trust 1999-2 filed June 7, 1999 ** Incorporated herein by reference to the Registration Statement on Form S-3 (No. 333-35847) of First Security Bank, N.A..
(b) None.
(c) See paragraph (a)(3) above.
(d) Not applicable.
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT
No such annual report, proxy statement, form of proxy or other soliciting material has been sent to noteholders.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
First Security Auto Owner Trust 1999-2
By: Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as Servicer+
Date: March 29, 2002 By: /s/ Paul Tsang -------------- Name: Paul Tsang Title: Vice President
- ----------------- + This Report is being filed by the Servicer on behalf of the Trust. The Trust does not have any officers or directors.
INDEX TO EXHIBITS
EXHIBIT NUMBER DOCUMENT DESCRIPTION ------- --------------------
4.1 Indenture between First Security Auto Owner Trust 1999-2, as issuer, and Chase Manhattan Bank, as indenture trustee, dated as of June 2, 1999.*
4.2 Trust Agreement between Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as seller and servicer, and Wilmington Trust Company, as owner trustee dated as of June 2, 1999.**
10.1 Sale and Servicing Agreement among Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as seller and servicer, First Security Auto Owner Trust 1999-2, as issuer, and Chase Manhattan Bank, as indenture trustee, dated as of June 2, 1999.**
10.2 Administration Agreement between First Security Auto Owner Trust 1999-2 and Wells Fargo Bank, N.A., successor to First Security Bank, N.A., as administrator, dated as of June 2, 1999.**
99.1 Monthly Servicer's Reports
99.2 Independent Accountant's Report
99.3 Management Representation Letter and Assertion
- -------------- * Incorporated herein by reference to Exhibit 99 to the Current Report on Form 8-K of First Security Auto Owner Trust 1999-2 filed June 7, 1999. ** Incorporated herein by reference to the Registration Statement on Form S-3 (No. 333-35847) of First Security Bank, N.A.