EX-25.2 16 dex252.htm EXHIBIT 25.2 Exhibit 25.2

Exhibit 25.2

 


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)

 


U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

  55402
(Address of principal executive offices)   (Zip Code)

Paul D. Allen

U.S. Bank National Association

One Federal Street

Boston, MA 02110

(617) 603-6549

(Name, address and telephone number of agent for service)

BB&T Corporation

(Issuer with respect to the Securities)

 

North Carolina   56-0939887
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

200 West Second Street

Winston-Salem, North Carolina

  27101
(Address of Principal Executive Offices)   (Zip Code)

Guarantee with respect to the Trust Preferred Securities of BB&T Capital Trust II

 



FORM T-1

 

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.

 

  b) Whether it is authorized to exercise corporate trust powers.

Yes

 

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

None

 

Items 3-15 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee.*

 

  2. A copy of the certificate of authority of the Trustee to commence business.*

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 

  4. A copy of the existing bylaws of the Trustee.*

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

  7. Report of Condition of the Trustee as of March 31, 2004, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Registration Number 333-67188.

 

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NOTE

The answers to this statement insofar as such answers relate to what persons have been underwriters for any securities of the obligors within three years prior to the date of filing this statement, or what persons are owners of 10% or more of the voting securities of the obligors, or affiliates, are based upon information furnished to the Trustee by the obligors. While the Trustee has no reason to doubt the accuracy of any such information, it cannot accept any responsibility therefor.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national 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 Boston, Commonwealth of Massachusetts on the 18th day of May, 2006

 

U.S. BANK NATIONAL ASSOCIATION

By:

 

/s/ Paul D. Allen

 

Paul D. Allen

 

Vice President

 

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Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: May 18, 2006

 

U.S. BANK NATIONAL ASSOCIATION

By:

 

/s/ Paul D. Allen

 

Paul D. Allen

 

Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2005

($000’s)

 

     12/31/2005

Assets

  

Cash and Due From Depository Institutions

   $ 8,000,884

Securities

     39,572,460

Federal Funds

     3,106,359

Loans & Lease Financing Receivables

     134,097,750

Fixed Assets

     1,759,753

Intangible Assets

     11,264,248

Other Assets

     11,065,956
      

Total Assets

   $ 208,867,410

Liabilities

  

Deposits

   $ 135,603,591

Fed Funds

     13,987,126

Treasury Demand Notes

     0

Trading Liabilities

     186,413

Other Borrowed Money

     24,865,833

Acceptances

     60,785

Subordinated Notes and Debentures

     6,606,929

Other Liabilities

     6,323,045
      

Total Liabilities

   $ 187,633,722

Equity

  

Minority Interest in Subsidiaries

   $ 1,025,113

Common and Preferred Stock

     18,200

Surplus

     11,804,040

Undivided Profits

     8,386,335
      

Total Equity Capital

   $ 21,233,688

Total Liabilities and Equity Capital

   $ 208,867,410

Date: May 18, 2006

 

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