EX-25.8 23 g18334exv25w8.htm EX-25.8 EX-25.8
Exhibit 25.8
 
 
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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)       o
 
THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
 
  95-3571558
(State of incorporation if not a U.S. national bank)
  (I.R.S. employer identification no.)
 
    
700 South Flower Street
Suite 500
Los Angeles, California
  90017
(Address of principal executive offices)
  (Zip code)
 
BAC Capital Trust XX
(Exact name of obligor as specified in its charter)
     
Delaware
  26-6844436
(State or other jurisdiction of incorporation or organization)
  (I.R.S. employer identification no.)
 
    
Bank of America Corporate Center
100 North Tryon Street
Charlotte, North Carolina
  28255
(Address of principal executive offices)
  (Zip code)
 
Trust Securities
(Title of the indenture securities)
 
 

 

 

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.
     
 
Name   Address
 
Comptroller of the Currency
United States Department of the Treasury
  Washington, D.C. 20219
 
    
Federal Reserve Bank
  San Francisco, California 94105
 
    
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (b)   Whether it is authorized to exercise corporate trust powers.
    Yes.
 
2.   Affiliations with Obligor.
 
    If the obligor is an affiliate of the trustee, describe each such affiliation.
 
    None.
 
16.   List of Exhibits.
 
    Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
  1.   A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).

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  4.   A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-152875).
 
  6.   The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).
 
  7.   A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE
     Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Jacksonville, and State of Florida, on the 10th day of April, 2009.
         
 
  THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
 
        
 
  By:   /S/ GERALDINE CRESWELL
 
       
 
  Name:         GERALDINE CRESWELL
 
  Title:         ASSISTANT TREASURER

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business December 31, 2008, published in accordance with Federal regulatory authority instructions.
                 
            Dollar Amounts  
            in Thousands  
ASSETS
                
 
                
Cash and balances due from depository institutions:
                
Noninterest-bearing balances and currency and coin
             2,739  
Interest-bearing balances
             0  
Securities:
                
Held-to-maturity securities
             26  
Available-for-sale securities
             430,112  
Federal funds sold and securities purchased under agreements to resell:
                
Federal funds sold
             28,500  
Securities purchased under agreements to resell
             50,000  
Loans and lease financing receivables:
                
Loans and leases held for sale
             0  
Loans and leases, net of unearned income
     0          
LESS: Allowance for loan and lease losses
     0          
Loans and leases, net of unearned income and allowance
             0  
Trading assets
             0  
Premises and fixed assets (including capitalized leases)
             11,261  
Other real estate owned
             0  
Investments in unconsolidated subsidiaries and associated companies
             1  
Not applicable
                
Intangible assets:
                
Goodwill
             876,153  
Other intangible assets
             272,502  
Other assets
             181,657  
 
              
Total assets
           $ 1,852,951  
 
              

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LIABILITIES
                
 
                
Deposits:
                
In domestic offices
             1,765  
Noninterest-bearing
     1,765          
Interest-bearing
     0          
Not applicable
                
Federal funds purchased and securities sold under agreements to repurchase:
                
Federal funds purchased
             0  
Securities sold under agreements to repurchase
             0  
Trading liabilities
             0  
Other borrowed money:
                
(includes mortgage indebtedness and obligations under capitalized leases)
             268,691  
Not applicable
                
Not applicable
                
Subordinated notes and debentures
             0  
Other liabilities
             166,958  
Total liabilities
             437,414  
Minority interest in consolidated subsidiaries
             0  
 
                
EQUITY CAPITAL
                
 
                
Perpetual preferred stock and related surplus
             0  
Common stock
             1,000  
Surplus (exclude all surplus related to preferred stock)
             1,121,520  
Retained earnings
             290,517  
Accumulated other comprehensive income
             2,500  
Other equity capital components
             0  
Total equity capital
             1,415,537  
 
              
Total liabilities, minority interest, and equity capital
           $       1,852,951  
 
              
     I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
     Karen Bayz       )       Vice President
     We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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 instructions issued by the appropriate Federal regulatory authority and is true and correct.
               
Michael K. Klugman, President
    )      
Frank P. Sulzberger, MD
    )     Directors (Trustees)
William D. Lindelof, VP
    )      

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