EX-25 6 y22849exv25.htm EX-25: FORM T-1 STATEMENT OF ELIGIBILITY EX-25
 

Exhibit 25
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
 
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE
 
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF
A TRUSTEE PURSUANT TO SECTION 305(b)(2)
 
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
     
 
  13-4994650
(State of incorporation
  (I.R.S. employer
if not a national bank)
  identification No.)
 
    
1111 Polaris Parkway
    
Columbus, Ohio
  43271
(Address of principal executive offices)
  (Zip Code)
Robert M. Macallister
Senior Vice President and Associate General Counsel
JPMorgan Chase Bank, National Association
1 Chase Manhattan Plaza
New York, NY 10005-1401
Tel: (212) 552-1716
(Name, address and telephone number of agent for service)
 
General Electric Capital Corporation
(Exact name of obligor as specified in its charter)
     
Delaware
  13-1500700
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification No.)
 
    
260 Long Ridge Road
    
Stamford, CT
  06927
(Address of principal executive offices)
  (Zip Code)
 

 

 

Variable Denomination Floating Rate Demand Notes
(Title of the indenture securities)
 
GENERAL
Item 1. General Information.
     Furnish the following information as to the trustee:
  (a)   Name and address of each examining or supervising authority to which it is subject.
 
      Comptroller of the Currency, Washington, D.C.
 
      Board of Governors of the Federal Reserve System, Washington, D.C., 20551
 
      Federal Deposit Insurance Corporation, Washington, D.C., 20429.
 
  (b)   Whether it is authorized to exercise corporate trust powers.
 
      Yes.
Item 2. Affiliations with the Obligor and Guarantors.
      If the obligor or any guarantor is an affiliate of the trustee, describe each such affiliation.
      None.

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Item 16. List of Exhibits
     List below all exhibits filed as a part of this Statement of Eligibility.
     1. A copy of the Articles of Association of JPMorgan Chase Bank, N.A. (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).
     2. A copy of the Certificate of Authority of the Comptroller of the Currency for the trustee to commence business. (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).
     3. None, the authority of the trustee to exercise corporate trust powers being contained in the documents described in Exhibits 1 and 2.
     4. A copy of the existing By-Laws of the Trustee. (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).
     5. Not applicable.
     6. The consent of the Trustee required by Section 321(b) of the Act. (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).
     7. A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority.
     8. Not applicable.
     9. Not applicable.
SIGNATURE
     Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, N.A., has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York, on the 10th day of July, 2006.
             
    JPMORGAN CHASE BANK, N.A.
 
            
 
            
 
  By   /s/   Michael A. Smith
         
 
      /s/   Michael A. Smith
 
          Vice President

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Exhibit 7 to Form T-1
Bank Call Notice
RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF
JPMorgan Chase Bank, N.A.
of 1111 Polaris Parkway, Columbus, Ohio 43240
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,
at the close of business March 31, 2006, in
accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
         
ASSETS   in Millions  
Cash and balances due from depository institutions:
        
Noninterest-bearing balances and currency and coin
  $ 35,771  
Interest-bearing balances
    11,008  
Securities:
        
Held to maturity securities
     72  
Available for sale securities
     55,459  
Federal funds sold and securities purchased under agreements to resell:
        
Federal funds sold in domestic offices
     17,813  
Securities purchased under agreements to resell
     228,565  
Loans and lease financing receivables:
        
Loans and leases held for sale
     32,025  
Loans and leases, net of unearned income
   $ 381,159  
Less: Allowance for loan and lease losses
     5,042  
Loans and leases, net of unearned income and allowance
    376,117  
Trading Assets
    246,732  
Premises and fixed assets (including capitalized leases)
     8,145  
Other real estate owned
    388  
Investments in unconsolidated subsidiaries and associated companies
     1,620  
Intangible assets:
        
Goodwill
     23,681  
Other Intangible assets
     11,704  
Other assets
    44,294  
TOTAL ASSETS
  $ 1,093,394  
 
      

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LIABILITIES
         
Deposits
        
In domestic offices
   $ 417,676  
Noninterest-bearing
   $ 134,430  
Interest-bearing
     283,246  
In foreign offices, Edge and Agreement subsidiaries and IBF’s
     163,635  
Noninterest-bearing
   $ 6,677  
Interest-bearing
     156,958  
 
        
Federal funds purchased and securities sold under agreements to repurchase:
        
Federal funds purchased in domestic offices
     9,221  
Securities sold under agreements to repurchase
     125,094  
Trading liabilities
    137,150  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
     90,745  
Subordinated notes and debentures
    18,638  
Other liabilities
    41,884  
TOTAL LIABILITIES
    1,004,043  
Minority Interest in consolidated subsidiaries
     1,956  
EQUITY CAPITAL
         
Perpetual preferred stock and related surplus
     0  
Common stock
    1,785  
Surplus (exclude all surplus related to preferred stock)
     59,450  
Retained earnings
     27,149  
Accumulated other comprehensive income
     (989 )
Other equity capital components
     0  
TOTAL EQUITY CAPITAL
    87,395  
TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL
     1,093,394  
 
      
I, Joseph L. Sclafani, E.V.P. & Controller of the above-named
bank, do hereby declare that this Report of Condition has
been prepared in conformance with the instructions issued
by the appropriate Federal regulatory authority and is true
to the best of my knowledge and belief.
JOSEPH L. SCLAFANI
We, the undersigned directors, attest to the correctness
of this Report of Condition and declare that it has been
examined by us, and to the best of our knowledge and
belief has been prepared in conformance with the in-
structions issued by the appropriate Federal regulatory
authority and is true and correct.
MICHAEL J. CAVANAGH)
WILLIAM B. HARRISON , JR.) DIRECTORS
JAMES DIMON )

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