SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    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): June 8, 2000

                            UACSC 1999-D OWNER TRUST
             (Exact name of registrant as specified in its charter)

           Delaware                 333-77535-03              35-1937340
 (State or other jurisdiction     (Commission File           (IRS Employer
    of incorporation)                  Number)             Identification No.)
                                                           UAC Securitization
                                                              Corporation

     9240 Bonita Beach Road, Suite 1109-A
     Bonita Springs, Florida                                    34135
     (address of principal                                    (zip code)
     executive offices)
     UAC Securitization Corporation

     Registrant's telephone number including area code    (941) 948-1850





     The  Registrant  (the UACSC  1999-D  Owner  Trust,  or the  "Trust")  is an
automobile  receivable  securitization  trust  formed  pursuant  to a Trust  and
Servicing  Agreement  dated as of  November  1, 1999  among  UAC  Securitization
Corporation, as "Seller," Union Acceptance Corporation, as "Servicer," and First
Union Trust Company, National Association, as "Owner Trustee" (the "Agreement").
The Registrant is filing this Form 8-K and plans to file similar current reports
monthly  in lieu of  reports  on Form 10-Q and  compliance  with  certain  other
requirements  of  Section  15(d) of the  Securities  Exchange  Act of  1934,  as
amended,  which are otherwise  applicable to the Trust,  on the basis of the SEC
staff position  described in numerous no-action letters applicable to securities
such as those issued  pursuant to the Agreement.  See,  e.g.,  Prime Credit Card
Master Trust (pub. available October 16, 1992), Private Label Credit Card Master
Trust (pub.  available May 20, 1992),  Sears Receivable  Financing  Group,  Inc.
(pub.  available  March  31,  1992),  Discover  Financing  Group,  Incorporated,
Discover Card Trust 1991-E (pub.  available  February 13,  1992),  Bank One Auto
Trust 1995-A (pub.  available August 16, 1995) and Volkswagen Credit Auto Master
Trust (pub. available May 9, 1997).


Item 5.  Other Events.

     Union Acceptance  Corporation,  as Servicer of the Trust,  hereby files the
May 31, 2000  monthly  Certificate  Report with  respect to the Trust as Exhibit
99-1.

Item 7.  Financial Statements and Exhibits.

Exhibit 99-1--Monthly Servicer's Certificate Report to the Trust.







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         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this Report to be signed on its behalf by the
undersigned hereunto duly authorized as Servicer of the UACSC 1999-D Auto Trust,
for and on behalf of UACSC 1999-D Auto Trust.

                                          UACSC 1999-D Auto Trust

                                          By:  Union Acceptance Corporation,
                                               as Servicer


Date: June 20, 2000                       /s/ Melanie S. Otto
                                          -----------------------------------
                                          Melanie S. Otto
                                          Vice President




EXHIBIT INDEX


No.      Description

99-1     UACSC  1999-D  Auto Trust  Monthly  Servicer's  Certificate  Report for
         May 31, 2000



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