Exhibit 3.2 LIMITED LIABILITY COMPANY OPERATING AGREEMENT CARMAX AUTO RECEIVABLES LLC (A Virginia Limited Liability Company) The undersigned members (the "Members") have caused the formation of CarMax Auto Receivables LLC, a Virginia limited liability...Operating Agreement • October 1st, 1999 • Carmax Auto Receivables LLC • Asset-backed securities • Virginia
CARMAX AUTO OWNER TRUST 1999-1 $[ ] [ ]% CLASS A-1 ASSET-BACKED NOTES $[ ] [ ]% CLASS A-2 ASSET-BACKED NOTES $[ ] [ ]% CLASS A-3 ASSET-BACKED NOTES $[ ] [ ]% CLASS A-4 ASSET-BACKED NOTES $[ ] [ ]% ASSET-BACKED CERTIFICATES CARMAX AUTO RECEIVABLES, LLC...Underwriting Agreement • October 1st, 1999 • Carmax Auto Receivables LLC • Asset-backed securities • New York
