Document

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended December 31, 2023

 or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ________________ to ______________________

 Commission file number of the issuing entity 333-261851-03
 CIK number of issuing entity 0001987878

 AmeriCredit Automobile Receivables Trust 2023-2
 (Exact name of issuing entity as specified in its charter)

 Commission File Number of depositor 333-261851
 CIK number of depositor 0001347185

 AFS SENSUB CORP.
 (Exact name of depositor as specified in its charter)

 Commission File Number of sponsor 001-13329
 CIK number of sponsor 0001002761

 AMERICREDIT FINANCIAL SERVICES, INC.
 (Exact name of sponsor as specified in its charter)

 Delaware

 93-6556013

 (State or other jurisdiction of incorporation or organization)

 (I.R.S. Employer Identification No.)

 AmeriCredit Financial Services, Inc. (as originator)

 801 Cherry Street, Suite 3500

 Fort Worth, TX

 76102

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code (817) 302-7000

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

 Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

 Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

 Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

 Not applicable to this registrant.

 DOCUMENTS INCORPORATED BY REFERENCE

 List hereunder the following documents if incorporated by reference and the part of the Form 10-K (e.g. Part I, Part II, etc.) into which the document is incorporated (1) Any annual report to security holders (2) Any proxy or information statement and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 1.
 BUSINESS

 ITEM 1A.
 RISK FACTORS

 ITEM 1C.
 CYBERSECURITY

 ITEM 2.
 PROPERTIES

 ITEM 3.
 LEGAL PROCEEDINGS

 ITEM 1B. UNRESOLVED STAFF COMMENTS

 None.

 ITEM 4. MINE SAFETY DISCLOSURES

 Not applicable.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 5.
 MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 ITEM 6.
 RESERVED

 ITEM 7.
 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 ITEM 7A.
 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 ITEM 8.
 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 ITEM 9.
 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 ITEM 9A.
 CONTROLS AND PROCEDURES

 ITEM 9B. OTHER INFORMATION

 None.

 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 10.
 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

 ITEM 11.
 EXECUTIVE COMPENSATION

 ITEM 12.
 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 ITEM 13.
 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

 ITEM 14.
 PRINCIPAL ACCOUNTANT FEES AND SERVICES

 ITEM 15. EXHIBIT AND FINANCIAL STATEMENT SCHEDULES

 (a)

 (1)
 Not applicable

 (2)
 Not applicable

 (3)
 As reported under clause (b)

 (b)

 Exhibit Number

 Description

 Exhibit 3.1

 Amended and Restated Articles of Incorporation, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.1 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 3.2

 Amended and Restated Bylaws, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.2 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 4.1

 Indenture, dated as of September 20, 2023, between AmeriCredit Automobile Receivables Trust 2023-2 and The Bank of New York Mellon, as Trustee and Trust Collateral Agent (incorporated by reference from Exhibit 4.1 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 4.2

 Amended and Restated Trust Agreement, dated as of September 20, 2023, between AFS SenSub Corp., as Seller, and Wilmington Trust Company, as Owner Trustee (incorporated by reference from Exhibit 4.2 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 4.3

 Sale and Servicing Agreement, dated as of September 20, 2023, among AmeriCredit Automobile Receivables Trust 2023-2, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and The Bank of New York Mellon, as Trust Collateral Agent (incorporated by reference from Exhibit 4.3 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 10.1

 Purchase Agreement, dated as of September 20, 2023, between AmeriCredit Financial Services, Inc., as Seller and AFS SenSub Corp., as Purchaser (incorporated by reference from Exhibit 10.1 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 10.6

 Asset Representations Review Agreement, dated as of September 20, 2023, among AmeriCredit Automobile Receivables Trust 2023-2, AmeriCredit Financial Services, Inc., and Clayton Fixed Income Services LLC, as Asset Representation Reviewer (incorporated by reference from Exhibit 10.6 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 31.1

 Rule 13a-14(a) 15d-14(a) Certification (Section 302 Certification).

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2023.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 (c) Not applicable.

 ITEM 16. FORM 10-K SUMMARY

 None.

 SUBSTITUTE INFORMATION INCLUDED IN ACCORDANCE WITH GENERAL INSTRUCTION J TO FORM 10-K

 ITEM 1112(b) OF REGULATION AB. SIGNIFICANT OBLIGORS OF POOL ASSETS (FINANCIAL INFORMATION)

 There is no single obligor that represents more than 10% of the pool assets.

 ITEM 1114(b)(2) OF REGULATION AB. CREDIT ENHANCEMENT AND OTHER SUPPORT, EXCEPT FOR CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 There is no external credit enhancement or other support provider that is liable to provide payments supporting any notes or certificates issued by the Issuing Entity.

 ITEM 1115(b) OF REGULATION AB. CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 No entity provides any derivative instruments that are used to alter the payment characteristics of the cash flows from the Issuing Entity.

 ITEM 1117 OF REGULATION AB. LEGAL PROCEEDINGS

 The Sponsor and the Servicer

 The sponsor is subject to various pending and potential legal and regulatory proceedings in the ordinary course of business, including litigation, arbitration, claims, investigations, examinations, subpoenas and enforcement proceedings. Some litigation against the sponsor could take the form of class actions. The outcome of these proceedings is inherently uncertain, and thus the sponsor cannot confidently predict how or when proceedings will be resolved. An adverse outcome in one or more of these proceedings could result in substantial damages, settlements, fines, penalties, diminished income or reputational harm to the sponsor, and could materially and adversely affect the interests of the noteholders or the servicer's ability to perform its duties under the Transaction Documents.

 The Trustee and the Trust Collateral Agent

 In the ordinary course of business, The Bank of New York Mellon is named as a defendant in legal actions. In connection with its role as trustee of certain residential mortgage-backed securitization, or RMBS, transactions, The Bank of New York Mellon has been named as a defendant in a number of legal actions brought by RMBS investors. These lawsuits allege that the trustee had expansive duties under the governing agreements, including the duty to investigate and pursue breach of representation and warranty claims against other parties to the RMBS transactions. While it is inherently difficult to predict the eventual outcomes of pending actions, The Bank of New York Mellon denies liability and intends to defend the litigations vigorously.

 ITEM 1119 OF REGULATION AB. AFFILIATIONS AND CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

 ITEM 1122 OF REGULATION AB. COMPLIANCE WITH APPLICABLE SERVICING CRITERIA.

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2023.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 The Servicer has complied, in all material respects, with the Applicable Servicing Criteria.

 ITEM 1123 OF REGULATION AB. SERVICER COMPLIANCE STATEMENT

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, AFS SenSub Corp. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 By

 AFS SENSUB CORP.,

 as Depositor

 By

 s Susan B. Sheffield

 Name
 Susan B. Sheffield

 Title
 Executive Vice President and Chief Financial Officer

 Dated
 March 4, 2024

 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 annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to certificateholders, and the registrant does not presently contemplate sending any such materials subsequent to the filing of this report.


Document

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended December 31, 2024

 or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ________________ to ______________________

 Commission file number of the issuing entity 333-261851-03
 CIK number of issuing entity 0001987878

 AmeriCredit Automobile Receivables Trust 2023-2
 (Exact name of issuing entity as specified in its charter)

 Commission File Number of depositor 333-261851
 CIK number of depositor 0001347185

 AFS SENSUB CORP.
 (Exact name of depositor as specified in its charter)

 Commission File Number of sponsor 001-13329
 CIK number of sponsor 0001002761

 AMERICREDIT FINANCIAL SERVICES, INC.
 (Exact name of sponsor as specified in its charter)

 Delaware

 93-6556013

 (State or other jurisdiction of incorporation or organization)

 (I.R.S. Employer Identification No.)

 AmeriCredit Financial Services, Inc. (as originator)

 801 Cherry Street, Suite 3500

 Fort Worth, TX

 76102

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code (817) 302-7000

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

 Not applicable to this registrant.

 DOCUMENTS INCORPORATED BY REFERENCE

 List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g. Part I, Part II, etc.) into which the document is incorporated (1) Any annual report to security holders (2) Any proxy or information statement and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 1.
 BUSINESS

 ITEM 1A.
 RISK FACTORS

 ITEM 1C.
 CYBERSECURITY

 ITEM 2.
 PROPERTIES

 ITEM 3.
 LEGAL PROCEEDINGS

 ITEM 1B. UNRESOLVED STAFF COMMENTS

 None.

 ITEM 4. MINE SAFETY DISCLOSURES

 Not applicable.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 5.
 MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 ITEM 6.
 RESERVED

 ITEM 7.
 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 ITEM 7A.
 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 ITEM 8.
 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 ITEM 9.
 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 ITEM 9A.
 CONTROLS AND PROCEDURES

 ITEM 9B. OTHER INFORMATION

 None.

 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 10.
 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

 ITEM 11.
 EXECUTIVE COMPENSATION

 ITEM 12.
 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 ITEM 13.
 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

 ITEM 14.
 PRINCIPAL ACCOUNTANT FEES AND SERVICES

 ITEM 15. EXHIBIT AND FINANCIAL STATEMENT SCHEDULES

 (a)

 (1)
 Not applicable

 (2)
 Not applicable

 (3)
 As reported under clause (b)

 (b)

 Exhibit Number

 Description

 Exhibit 3.1

 Amended and Restated Articles of Incorporation, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.1 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 3.2

 Amended and Restated Bylaws, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.2 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 4.1

 Indenture, dated as of September 20, 2023, between AmeriCredit Automobile Receivables Trust 2023-2 and The Bank of New York Mellon, as Trustee and Trust Collateral Agent (incorporated by reference from Exhibit 4.1 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 4.2

 Amended and Restated Trust Agreement, dated as of September 20, 2023, between AFS SenSub Corp., as Seller, and Wilmington Trust Company, as Owner Trustee (incorporated by reference from Exhibit 4.2 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 4.3

 Sale and Servicing Agreement, dated as of September 20, 2023, among AmeriCredit Automobile Receivables Trust 2023-2, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and The Bank of New York Mellon, as Trust Collateral Agent (incorporated by reference from Exhibit 4.3 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 10.1

 Purchase Agreement, dated as of September 20, 2023, between AmeriCredit Financial Services, Inc., as Seller and AFS SenSub Corp., as Purchaser (incorporated by reference from Exhibit 10.1 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 10.6

 Asset Representations Review Agreement, dated as of September 20, 2023, among AmeriCredit Automobile Receivables Trust 2023-2, AmeriCredit Financial Services, Inc., and Clayton Fixed Income Services LLC, as Asset Representation Reviewer (incorporated by reference from Exhibit 10.6 of the Current Report on Form 8-K filed by AmeriCredit Automobile Receivables Trust 2023-2 (File No. 333-261851-03) with the SEC on September 21, 2023).

 Exhibit 31.1

 Rule 13a-14(a) 15d-14(a) Certification (Section 302 Certification).

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2024.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 (c) Not applicable.

 ITEM 16. FORM 10-K SUMMARY

 None.

 SUBSTITUTE INFORMATION INCLUDED IN ACCORDANCE WITH GENERAL INSTRUCTION J TO FORM 10-K

 ITEM 1112(b) OF REGULATION AB. SIGNIFICANT OBLIGORS OF POOL ASSETS (FINANCIAL INFORMATION)

 There is no single obligor that represents more than 10% of the pool assets.

 ITEM 1114(b)(2) OF REGULATION AB. CREDIT ENHANCEMENT AND OTHER SUPPORT, EXCEPT FOR CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 There is no external credit enhancement or other support provider that is liable to provide payments supporting any notes or certificates issued by the Issuing Entity.

 ITEM 1115(b) OF REGULATION AB. CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 No entity provides any derivative instruments that are used to alter the payment characteristics of the cash flows from the Issuing Entity.

 ITEM 1117 OF REGULATION AB. LEGAL PROCEEDINGS

 The Sponsor and the Servicer

 The sponsor is subject to various pending and potential legal and regulatory proceedings in the ordinary course of business, including litigation, arbitration, claims, investigations, examinations, subpoenas and enforcement proceedings. Some litigation against the sponsor could take the form of class actions. The outcome of these proceedings is inherently uncertain, and thus the sponsor cannot confidently predict how or when proceedings will be resolved. An adverse outcome in one or more of these proceedings could result in substantial damages, settlements, fines, penalties, diminished income or reputational harm to the sponsor, and could materially and adversely affect the interests of the noteholders or the servicer's ability to perform its duties under the Transaction Documents.

 The Trustee and the Trust Collateral Agent

 In the ordinary course of business, The Bank of New York Mellon is named as a defendant in legal actions. In connection with its role as trustee of certain residential mortgage-backed securitization, or RMBS, transactions, The Bank of New York Mellon has been named as a defendant in a number of legal actions brought by RMBS investors. These lawsuits allege that the trustee had expansive duties under the governing agreements, including the duty to investigate and pursue breach of representation and warranty claims against other parties to the RMBS transactions. While it is inherently difficult to predict the eventual outcomes of pending actions, The Bank of New York Mellon denies liability and intends to defend the litigations vigorously.

 ITEM 1119 OF REGULATION AB. AFFILIATIONS AND CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

 ITEM 1122 OF REGULATION AB. COMPLIANCE WITH APPLICABLE SERVICING CRITERIA.

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2024.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 The Servicer has complied, in all material respects, with the Applicable Servicing Criteria.

 The Assessment of Compliance with Applicable Servicing Criteria provided by The Bank of New York Mellon that is included in this report as Exhibit 33.2 includes references to certain Material Instances of Noncompliance by The Bank of New York Mellon. After reviewing information provided by The Bank of New York Mellon, we have ascertained that those instances of noncompliance do not relate to the transactions entered into by the issuing entity, do not relate to the same class of assets as those backing the asset-backed securities described in this report, and do not relate to activities performed by The Bank of New York Mellon pursuant to the transactions relating to the asset-backed securities described in this report.

 ITEM 1123 OF REGULATION AB. SERVICER COMPLIANCE STATEMENT

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, AFS SenSub Corp. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 By

 AFS SENSUB CORP.,

 as Depositor

 By

 s Susan B. Sheffield

 Name
 Susan B. Sheffield

 Title
 Executive Vice President and Chief Financial Officer

 Date
 March 4, 2025

 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 annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to certificateholders, and the registrant does not presently contemplate sending any such materials subsequent to the filing of this report.


Document

 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 ______________________________________________
 FORM 10-K
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the Fiscal Year Ended December 31, 2023
 Or
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 Commission File Number 333-273931-01
 Central Index Key Number of Issuing Entity 0001988880
 DTE Electric Securitization Funding II LLC

 Commission File Number of Depositor and Sponsor 1-2198
 Central Index Key Number of Depositor and Sponsor 0000028385
 DTE Electric Company

 Delaware

 93-2580132

 (State or other jurisdiction of incorporation or organization)

 (I.R.S Employer Identification No.)

 One Energy Plaza, Detroit, Michigan 48226-1279

 313-235-4000

 (Registrants address of principal executive offices)

 (Registrants telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act

 None

 Securities registered pursuant to Section 12(g) of the Act

 None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

 Yes

 No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

 Yes

 No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes

 No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

 Yes

 No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflects the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive based compensation received by any of the registrants' executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 Yes

 No

 The aggregate market value of the member's equity held by non-affiliates of the Registrant as of June 30, 2023

 None

 PricewaterhouseCoopers LLP

 Los Angeles, California

 (Auditor Name)

 (Firm ID)

 (Auditor Location)

 DOCUMENTS INCORPORATED BY REFERENCE
 None.

 The following Items have been omitted pursuant to General Instruction J of Form 10-K
 • Item 1. Business
 • Item 1A. Risk Factors
 • Item 1C. Cybersecurity
 • Item 2. Properties
 • Item 3. Legal Proceedings

 Item 1B. Unresolved Staff Comments
 None.

 Item 4. Mine Safety Disclosures
 Not applicable.

 The following Items have been omitted pursuant to General Instruction J of Form 10-K
 • Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
 • Item 6. Reserved
 • Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
 • Item 7A. Quantitative and Qualitative Disclosures About Market Risk
 • Item 8. Financial Statements and Supplementary Data
 • Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
 • Item 9A. Controls and Procedures

 Item 9B. Other Information
 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
 Not applicable.

 Item 10. Directors, Executive Officers, and Corporate Governance
 The following are the managers and executive officers of DTE Electric Securitization Funding II LLC as of December 31, 2023

 Name

 Age

 Present Position
Held Since

 David S. Ruud

 President and Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Executive Vice President and Chief Financial Officer of DTE Energy Company and DTE Electric Company

 5 2020 to Present(1)

 Christopher J. Allen

 Treasurer and Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Vice President and Treasurer of DTE Energy Company and DTE Electric Company

 6 2021 to Present(1)

 Timothy J. Lepczyk

 Secretary and Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Assistant Treasurer of DTE Energy Company and DTE Electric Company

 8 2021 to Present(1)

 Michelle A. Dreyer

 Independent Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Managing Director, Global Restructuring and Independent Director of CSC Global

 3 2022 to Present(2)

 _______________________________________
 (1)These executive officers have held various other positions at DTE Energy for five or more years.
 (2)Has held various other positions within the CSC Independent Director department for more than five years.
 DTE Electric Securitization Funding II LLC is a wholly-owned subsidiary of DTE Electric Company, which in turn is a wholly-owned subsidiary of DTE Energy Company.
 Code of Ethics
 As a wholly-owned indirect subsidiary of DTE Energy Company, DTE Electric Securitization Funding II LLC, together with its managers and executive officers, is subject to DTE Energy Company's Officer Code of Business Conduct and Ethics and its general standard of conduct, the DTE Energy Way. These policies, together with any waivers or amendments to these policies, can be found on the DTE Energy Company website, www.dteenergy.com ethics. There were no waivers or amendments during 2023.

 Item 11. Executive Compensation
 Other than the annual independent manager fee of $3,650 paid to Corporation Service Company, DTE Electric Securitization Funding II, LLC does not pay any compensation to its managers or executive officers.

 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
 None.

 Item 13. Certain Relationships and Related Transactions, and Director Independence
 Manager Michelle A. Dreyer is an independent manager and an employee of Corporation Service Company.

 Item 14. Principal Accountant Fees and Services
 Omitted pursuant to General Instruction J of Form 10-K.

 Item 15. Exhibits and Financial Statement Schedules

 (a)(1) and (a)(2)

 Financial Statements and Financial Statement Schedules are omitted pursuant to General Instruction J of Form 10-K as listed under Item 8 of this report.

 (a)(3) and (b)

 Refer to exhibit listing below.

 (c)

 None.

 Exhibit Number

 Description

 (i) Exhibits filed herewith

 31.1

 Certification pursuant to Rule 13a-14(d) 15(d)-14(d)

 33.1

 Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for DTE Electric Company, Servicer

 33.2

 Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for U.S. Bank Trust Company, National Association, Indenture Trustee

 34.1

 Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of PricewaterhouseCoopers LLP on behalf of DTE Electric Company, Servicer

 34.2

 Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of Ernst Young LLP on behalf of U.S. Bank Trust Company, National Association, Indenture Trustee

 35.1

 Servicer Compliance Statement

 (ii) Exhibits furnished herewith

 None.

 (iii) Exhibits incorporated by reference

 3.1

 Certificate of Formation of DTE Electric Securitization Funding II LLC, dated as of July 24, 2023 (Exhibit 3.1 to the Form SF-1 filed August 11, 2023, and incorporated herein by reference)

 3.2

 Amended and Restated Limited Liability Company Agreement, dated as of October 17, 2023, of DTE Electric Securitization Funding II LLC (Exhibit 3.2 to the Form 8-K filed October 20, 2023, and incorporated herein by reference)

 4.1

 Indenture by and among DTE Electric Securitization Funding II LLC and U.S. Bank Trust Company, National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 4.2

 Series Supplement by and among DTE Electric Securitization Funding II LLC, U.S. Bank Trust Company, National Association as the Indenture Trustee and U.S. Bank National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.1

 Securitization Property Servicing Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Servicer, dated as of November 1, 2023 (Exhibit 10.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.2

 Securitization Property Purchase and Sale Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Seller, dated as of November 1, 2023 (Exhibit 10.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.3

 Administration Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Administrator, dated as of November 1, 2023 (Exhibit 10.3 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.4

 Intercreditor Agreement by and among DTE Electric Company, DTE Electric Securitization Funding I LLC, DTE Electric Securitization Funding II LLC, The Bank of New York Mellon and U.S. Bank Trust Company, National Association, dated as of November 1, 2023 (Exhibit 10.4 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 Item 16. Form 10-K Summary
 None.

 Item 1112(b). Significant Obligors of Pool Assets
 None.

 Item 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivative Instruments
 None.

 Item 1115(b). Certain Derivative Instruments
 None.

 Item 1117. Legal Proceedings
 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ( RMBS) trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.
 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.
 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.
 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.
 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 Item 1119. Affiliations and Certain Relationships and Related Transactions
 DTE Electric Securitization Funding II LLC is a wholly-owned subsidiary of DTE Electric Company, which is the depositor, sponsor, and servicer.

 Item 1122. Compliance with Applicable Servicing Criteria
 See Exhibits 33.1, 33.2, 34.1, and 34.2 of this Form 10-K.

 Item 1123. Servicer Compliance Statement
 See Exhibit 35.1 of this Form 10-K.

 Signatures
 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, DTE Electric Securitization Funding II LLC has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 DTE ELECTRIC SECURITIZATION FUNDING II LLC

 (Issuing Entity)

 By
 DTE ELECTRIC COMPANY, as Servicer

 S TRACY J. MYRICK

 Tracy J. Myrick
Chief Accounting Officer

 Date March 20, 2024

 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 registrant's security holders. The registrant will not be sending an annual report or proxy material to its security holders subsequent to the filing of this form.


Document

 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 ______________________________________________
 FORM 10-K
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the Fiscal Year Ended December 31, 2024
 Or
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 Commission File Number 333-273931-01
 Central Index Key Number of Issuing Entity 0001988880
 DTE Electric Securitization Funding II LLC

 Commission File Number of Depositor and Sponsor 1-2198
 Central Index Key Number of Depositor and Sponsor 0000028385
 DTE Electric Company

 Delaware

 93-2580132

 (State or other jurisdiction of incorporation or organization)

 (I.R.S Employer Identification No.)

 One Energy Plaza, Detroit, Michigan 48226-1221

 313-235-4000

 (Registrants address of principal executive offices)

 (Registrants telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act

 None

 Securities registered pursuant to Section 12(g) of the Act

 None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

 Yes

 No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

 Yes

 No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes

 No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

 Yes

 No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

 Yes

 No

 The aggregate market value of the member's equity held by non-affiliates of the Registrant as of June 30, 2024

 None

 PricewaterhouseCoopers LLP

 Detroit, Michigan

 (Auditor Name)

 (Firm ID)

 (Auditor Location)

 DOCUMENTS INCORPORATED BY REFERENCE
 None.

 The following Items have been omitted pursuant to General Instruction J of Form 10-K
 • Item 1. Business
 • Item 1A. Risk Factors
 • Item 1C. Cybersecurity
 • Item 2. Properties
 • Item 3. Legal Proceedings

 Item 1B. Unresolved Staff Comments
 None.

 Item 4. Mine Safety Disclosures
 Not applicable.

 The following Items have been omitted pursuant to General Instruction J of Form 10-K
 • Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
 • Item 6. Reserved
 • Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
 • Item 7A. Quantitative and Qualitative Disclosures About Market Risk
 • Item 8. Financial Statements and Supplementary Data
 • Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
 • Item 9A. Controls and Procedures

 Item 9B. Other Information
 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
 Not applicable.

 Item 10. Directors, Executive Officers, and Corporate Governance
 The following are the managers and executive officers of DTE Electric Securitization Funding II LLC as of December 31, 2024

 Name

 Age

 Present Position
Held Since

 David S. Ruud

 President and Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Executive Vice President and Chief Financial Officer of DTE Energy Company and DTE Electric Company

 5 2020 to Present(1)

 Mark C. Rolling

 Treasurer and Manager of DTE Electric Securitization Funding II LLC

 8 2024 to Present

 Senior Vice President – Finance and Treasurer of DTE Energy Company and DTE Electric Company

 8 2024 to Present(1)

 Timothy J. Lepczyk

 Secretary and Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Assistant Treasurer of DTE Energy Company and DTE Electric Company

 8 2021 to Present(1)

 Michelle A. Dreyer

 Independent Manager of DTE Electric Securitization Funding II LLC

 11 2023 to Present

 Managing Director, Global Restructuring and Independent Director of CSC Global

 3 2022 to Present(2)

 _______________________________________
 (1)These executive officers have held various other positions at DTE Energy for five or more years.
 (2)Has held various other positions within the CSC Independent Director department for more than five years.
 DTE Electric Securitization Funding II LLC is a wholly-owned subsidiary of DTE Electric Company, which in turn is a wholly-owned subsidiary of DTE Energy Company.
 Code of Ethics
 As a wholly-owned indirect subsidiary of DTE Energy Company, DTE Electric Securitization Funding II LLC, together with its managers and executive officers, is subject to DTE Energy Company's Officer Code of Business Conduct and Ethics and its general standard of conduct, the DTE Energy Way. These policies, together with any waivers or amendments to these policies, can be found on the DTE Energy Company website, www.dteenergy.com ethics. There were no waivers or amendments during 2024.

 Item 11. Executive Compensation
 Other than the annual independent manager fee of $3,650 paid to Corporation Service Company, DTE Electric Securitization Funding II, LLC does not pay any compensation to its managers or executive officers.

 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
 None.

 Item 13. Certain Relationships and Related Transactions, and Director Independence
 Manager Michelle A. Dreyer is an independent manager and an employee of Corporation Service Company.

 Item 14. Principal Accountant Fees and Services
 Omitted pursuant to General Instruction J of Form 10-K.

 Item 15. Exhibits and Financial Statement Schedules

 (a)(1) and (a)(2)

 Financial Statements and Financial Statement Schedules are omitted pursuant to General Instruction J of Form 10-K as listed under Item 8 of this report.

 (a)(3) and (b)

 Refer to exhibit listing below.

 (c)

 None.

 Exhibit Number

 Description

 (i) Exhibits filed herewith

 31.1

 Certification pursuant to Rule 13a-14(d) 15(d)-14(d)

 33.1

 Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for DTE Electric Company, Servicer

 33.2

 Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for U.S. Bank Trust Company, National Association, Indenture Trustee

 34.1

 Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of PricewaterhouseCoopers LLP on behalf of DTE Electric Company, Servicer

 34.2

 Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of Ernst Young LLP on behalf of U.S. Bank Trust Company, National Association, Indenture Trustee

 35.1

 Servicer Compliance Statement

 (ii) Exhibits furnished herewith

 None.

 (iii) Exhibits incorporated by reference

 3.1

 Certificate of Formation of DTE Electric Securitization Funding II LLC, dated as of July 24, 2023 (Exhibit 3.1 to the Form SF-1 filed August 11, 2023, and incorporated herein by reference)

 3.2

 Amended and Restated Limited Liability Company Agreement, dated as of October 17, 2023, of DTE Electric Securitization Funding II LLC (Exhibit 3.2 to the Form 8-K filed October 20, 2023, and incorporated herein by reference)

 4.1

 Indenture by and among DTE Electric Securitization Funding II LLC and U.S. Bank Trust Company, National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 4.2

 Series Supplement by and among DTE Electric Securitization Funding II LLC, U.S. Bank Trust Company, National Association as the Indenture Trustee and U.S. Bank National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.1

 Securitization Property Servicing Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Servicer, dated as of November 1, 2023 (Exhibit 10.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.2

 Securitization Property Purchase and Sale Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Seller, dated as of November 1, 2023 (Exhibit 10.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.3

 Administration Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Administrator, dated as of November 1, 2023 (Exhibit 10.3 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 10.4

 Intercreditor Agreement by and among DTE Electric Company, DTE Electric Securitization Funding I LLC, DTE Electric Securitization Funding II LLC, The Bank of New York Mellon and U.S. Bank Trust Company, National Association, dated as of November 1, 2023 (Exhibit 10.4 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)

 Item 16. Form 10-K Summary
 None.

 Item 1112(b). Significant Obligors of Pool Assets
 None.

 Item 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivative Instruments
 None.

 Item 1115(b). Certain Derivative Instruments
 None.

 Item 1117. Legal Proceedings
 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ( RMBS) trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.
 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.
 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.
 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.
 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 Item 1119. Affiliations and Certain Relationships and Related Transactions
 DTE Electric Securitization Funding II LLC is a wholly-owned subsidiary of DTE Electric Company, which is the depositor, sponsor, and servicer.

 Item 1122. Compliance with Applicable Servicing Criteria
 See Exhibits 33.1, 33.2, 34.1, and 34.2 of this Form 10-K.

 Item 1123. Servicer Compliance Statement
 See Exhibit 35.1 of this Form 10-K.

 Signatures
 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, DTE Electric Securitization Funding II LLC has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 DTE ELECTRIC SECURITIZATION FUNDING II LLC

 (Issuing Entity)

 By
 DTE ELECTRIC COMPANY, as Servicer

 S TRACY J. MYRICK

 Tracy J. Myrick
Chief Accounting Officer

 Date March 19, 2025

 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 registrant's security holders. The registrant will not be sending an annual report or proxy material to its security holders subsequent to the filing of this form.