Exhibit 25.01
Statement of Eligibility of Trustee on Form T-1
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)
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
Not Applicable
94-1347393
(Jurisdiction of incorporation or
(I.R.S. Employer
organization if not a U.S. national
Identification No.)
bank)
420 Montgomery Street
San Francisco, CA
94163
(Address of principal executive offices)
(Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-172
Sixth and Marquette, 17th Floor
Minneapolis, MN 55479
(agent for services)
_____________________________
Questar Gas Company
(Exact name of obligor as specified in its charter)
Utah
87-0155877
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
180 East 100 South
P.O. Box 45360
84145-0360
Salt Lake City, Utah
(Address of principal executive offices)
(Zip code)
_____________________________
DEBT SECURITIES ISSUED UNDER INDENTURE DATED AS OF MAY 1, 1992
(Title of the indenture securities)
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,
Treasury Department
Washington, D.C. 20230
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Federal Reserve Bank of San Francisco
San Francisco, CA 94120
(b)
Whether it is authorized to exercise corporate trust powers.
The trustee is authorized to exercise corporate trust powers.
Item 2.
Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.
Item 15. Foreign Trustee.
Not applicable.
Item 16. List of Exhibits.
List below all exhibits filed as a part of this Statement of Eligibility.
Wells Fargo Bank incorporates by reference into this Form T-1 exhibits
attached hereto.
Exhibit 1.
A copy of the Articles of Association of the trustee now in effect. *
Exhibit 2.
A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated November 28, 2001. *
Exhibit 3.
A copy of the authorization of the trustee to exercise corporate trust powers. A copy of the Comptroller of the Currency Certificate of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank, National Association, dated November 28, 2001. *
Exhibit 4.
Copy of By-laws of the trustee as now in effect. *
Exhibit 5.
Not applicable.
Exhibit 6.
The consents of United States institutional trustees required by Section 321(b) of the Act.
Exhibit 7.
Attached is a copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
1
Exhibit 8.
Not applicable.
Exhibit 9.
Not applicable.
*
Incorporated by reference to exhibit number 25 filed with registration statement number 333-87398.
2
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 Salt Lake Cityand State of Utah on the first day of February, 2008.
WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Carl J. Mathis
Name:
Carl J. Mathis
Title:
Vice President
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Exhibit 6
February 1, 2008
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request thereof.
Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Carl J. Mathis
Carl J. Mathis
Vice President
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Consolidated Report of Condition of
Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business June 30, 2007, filed in accordance with 12 U.S.C. §161 for National Banks.
Dollar Amounts
In Millions
______________
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin
$ 13,030
Interest-bearing balances
1,428
Securities:
Held-to-maturity securities
0
Available-for-sale securities
65,310
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices
6,864
Securities purchased under agreements to resell
1,160
Loans and lease financing receivables:
Loans and leases held for sale
21,153
Loans and leases, net of unearned income
263,595
LESS: Allowance for loan and lease losses
2,526
Loans and leases, net of unearned income and allowance
261,069
Trading Assets
4,809
Premises and fixed assets (including capitalized leases)
4,197
Other real estate owned
754
Investments in unconsolidated subsidiaries and associated companies
402
Intangible assets
Goodwill
9,231
Other intangible assets
19,954
Other assets
19,363
___________
Total assets
$428,724
LIABILITIES
Deposits:
In domestic offices
$263,665
Noninterest-bearing
70,876
Interest-bearing
192,789
In foreign offices, Edge and Agreement subsidiaries, and IBFs
48,659
Noninterest-bearing
6
Interest-bearing
48,653
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices
10,136
Securities sold under agreements to repurchase
6,375
Dollar Amounts
In Millions
_______________
Trading liabilities
2,695
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)
27,804
Subordinated notes and debentures
10,140
Other liabilities
20,533
_______
Total liabilities
$390,007
5
Minority interest in consolidated subsidiaries
62
EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock
520
Surplus (exclude all surplus related to preferred stock)
24,751
Retained earnings
13,469
Accumulated other comprehensive income
(85)
Other equity capital components
0
________
Total equity capital
38,655
________
Total liabilities, minority interest, and equity capital
$428,724
I, Howard I. Atkins, EVP & CFO 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.
Howard I. Atkins
EVP & CFO
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 instructions issued by the appropriate
Federal regulatory authority and is true and correct.
Michael Loughlin
John Stumpf
Directors
Dave Hoyt
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