UNITED STATES 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 15, 2003 BILLSERV, INC. (Exact name of Registrant as Specified in its Charter) Nevada 0-30152 98-0190072 (State of Incorporation) (Commission file Number) (IRS Employer ID No.) 211 North Loop 1604 East, Suite 200 San Antonio, Texas 78232 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (210) 402-5000 Item 6. Resignation of Registrant's Directors On March 15, 2003, E. Scott Crist resigned as Director of Billserv, Inc., citing the Company's decision not to renew Director and Officer liability insurance due to excessively high premiums at a time when the Company is administering cash conservation policies. The Company did not receive a letter of resignation as his resignation was mutually agreed with the Company's board of directors, effective immediately. As such, no director's letter is filed as an exhibit with this report. On March 15, 2003, Richard B. Bergman resigned as Director of Billserv, Inc., citing the Company's decision not to renew Director and Officer liability insurance due to excessively high premiums at a time when the Company is administering cash conservation policies. The Company did not receive a letter of resignation as his resignation was mutually agreed with the Company's board of directors, effective immediately. As such, no director's letter is filed as an exhibit with this report. On March 15, 2003, Mitchell D. Hovendick resigned as Director of Billserv, Inc., citing the Company's decision not to renew Director and Officer liability insurance due to excessively high premiums at a time when the Company is administering cash conservation policies. The Company did not receive a letter of resignation as his resignation was mutually agreed with the Company's board of directors, effective immediately. As such, no director's letter is filed as an exhibit with this report. 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 hereunto duly authorized. BILLSERV, INC. Date: March 18, 2002 BY: /s/ Terri A. Hunter ----------------------- Terri A. Hunter Chief Financial Officer