EX-25.1 9 dex251.htm STATEMENT OF ELIGIBILITY OF BANK OF NEW YORK AS SENIOR TRUSTEE ON FORM T-1 Statement of Eligibility of Bank of New York as Senior Trustee on Form T-1

 

 

Exhibit 25.1

UNITED STATES

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) |__|

 

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

   95-3571558

(Jurisdiction 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)

 

 

Bank of America Corporation

(Exact name of obligor as specified in its charter)

 

Delaware    56-0906609

(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)

 

 

Senior Debt 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, DC 20219
Federal Reserve Bank    San Francisco, CA 94105
Federal Deposit Insurance Corporation    Washington, DC 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. 333-162713).

 

  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 13th day of July, 2011.

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

By:   /S/ Geraldine Creswell
Name:   Geraldine Creswell
Title:   Vice President

 

 

 


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 March 31, 2011, 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

                 1,466   

Interest-bearing balances

                 152   

Securities:

              

Held-to-maturity securities

                 0   

Available-for-sale securities

                 786,518   

Federal funds sold and securities

              

purchased under agreements to resell:

              

Federal funds sold

                 73,000   

Securities purchased under agreements to resell

                 0   

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)

                 8,911   

Other real estate owned

                 0   

Investments in unconsolidated

              

subsidiaries and associated

              

companies

                 1   

Direct and indirect investments in real estate ventures

                 0   

Intangible assets:

              

Goodwill

                 856,313   

Other intangible assets

                 209,097   

Other assets

                 149,803   
                    

Total assets

               $ 2,085,261   
                    

 

1


LIABILITIES

              500   

Deposits:

           

In domestic offices

           

Noninterest-bearing

     500            

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

              229,106   

Total liabilities

              498,297   

Not applicable

           

EQUITY CAPITAL

           

Perpetual preferred stock and related surplus

              0   

Common stock

              1,000   

Surplus (exclude all surplus related to preferred stock)

              1,121,520   

Not available

           

Retained earnings

              463,627   

Accumulated other comprehensive income

              817   

Other equity capital components

              0   

Not available

           

Total bank equity capital

              1,586,964   

Noncontrolling (minority) interests in consolidated subsidiaries

              0   

Total equity capital

              1,586,964   
                 

Total liabilities and equity capital

              2,085,261   
                 

I, Karen Bayz, CFO and Managing Director 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

 

)

   CFO and Managing Director

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.

 

    Timothy Vara, President

 

)

  

    Frank P. Sulzberger, MD

 

)

   Directors (Trustees)

    William D. Lindelof, MD

 

)

  

 

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