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) MARCH 21, 1997 Trans-World Insurance Company d/b/a Educaid and ClassNotes Inc.(as Sellers) on behalf of ClassNotes Trust 1997-I. ClassNotes Inc., as Seller Trans-World Insurance Company d/b/a Educaid, as Seller (Exact name of registrant as specified in its charter) Delaware 22-3400682 Arizona 333-18877 86-0255348 (State or other (Commission (IRS Employer jurisdiction of incorporation) File Number) ID Number) 3301 C STREET, SUITE 100-M, SACRAMENTO, CALIFORNIA 95816 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (916) 446-5000 N/A (Former name or former address, if changed since last report) Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) EXHIBITS EXHIBIT NO. 1.1 Underwriting Agreement, dated March 19, 1997, between ClassNotes Trust 1997-I, Trans-World Insurance Company, ClassNotes Inc., The Money Store and Smith Barney Inc. 1.2 Terms Agreement, dated March 19, 1997, between ClassNotes Trust 1997-I, Trans- World Insurance Company, ClassNotes Inc., The Money Store and Smith Barney Inc. 4.1 Indenture, dated as of March 21, 1997, between The York Bank and Trust Company, as Eligible Lender Trustee, and Bankers Trust Company, as Indenture Trustee. 4.2 First Terms Supplement, dated as of March 21, 1997, between The York Bank and Trust Company, as Eligible Lender Trustee, and Bankers Trust Company, as Indenture Trustee. 4.3 Trust Agreement, dated as of March 21, 1997, between Trans-World Insurance Company d/b/a Educaid, ClassNotes Inc. and The York Bank and Trust Company, as Eligible Lender Trustee. 99.1 Sale and Servicing Agreement, dated as of February 28, 1997, among The York Bank and Trust Company, as Eligible Lender Trustee, Trans-World Insurance Company d/b/a Educaid, as Seller, Master Servicer and Administrator, ClassNotes Inc., as Seller and Master Servicer, and The Money Store Inc. SIGNATURES 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 thereunto duly authorized. CLASSNOTES TRUST 1997-I By: TRANS-WORLD INSURANCE COMPANY, Seller CLASSNOTES INC., Seller By: /S/ MORTON DEAR Name: Morton Dear Title: Executive Vice President of Trans-World Insurance Company d/b/a Educaid and ClassNotes Inc. Dated: April 2, 1997 EXHIBIT INDEX EXHIBIT DESCRIPTION OF EXHIBIT PAGE NO. 1.1 Underwriting Agreement, dated March 19, 1997, between ClassNotes Trust 1997-I, Trans-World Insurance Company, ClassNotes Inc., The Money Store and Smith Barney Inc..................................... 1.2 Terms Agreement, dated March 19, 1997, between ClassNotes Trust 1997-I, Trans- World Insurance Company, ClassNotes Inc., The Money Store and Smith Barney Inc................. 4.1 Indenture, dated as of March 21, 1997, between The York Bank and Trust Company, as Eligible Lender Trustee, and Bankers Trust Company, as Indenture Trustee.................. 4.2 First Terms Supplement, dated as of March 21, 1997, between The York Bank and Trust Company, as Eligible Lender Trustee, and Bankers Trust Company, as Indenture Trustee.................................... 4.3 Trust Agreement, dated as of March 21, 1997, between Trans-World Insurance Company d/b/a Educaid, ClassNotes Inc. and The York Bank and Trust Company, as Eligible Lender Trustee........................... 99.1 Sale and Servicing Agreement, dated as of February 28, 1997, among The York Bank and Trust Company, as Eligible Lender Trustee, Trans-World Insurance Company d/b/a Educaid, as Seller, Master Servicer and Administrator, ClassNotes Inc., as Seller and Master Servicer, and The Money Store Inc............................................