Exhibit 25.1
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)
A National Banking Association
94-1347393
(Jurisdiction of incorporation or
(I.R.S. Employer
organization if not a U.S. national
Identification No.)
bank)
101 North Phillips Avenue
Sioux Falls, South Dakota
57104
(Address of principal executive offices)
(Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
_____________________________
QUESTAR PIPELINE COMPANY
(Exact name of obligor as specified in its charter)
UTAH
87-0307414
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
180 East 100 South Street
P.O. Box 45360
Salt Lake City, UT
84145-0360
(Address of principal executive offices)
(Zip code)
_____________________________
Debt Securities
(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.
Federal Deposit Insurance Corporation
Washington, D.C.
Federal Reserve Bank of San Francisco
San Francisco, California 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.
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 and Fiduciary Powers for Wells Fargo Bank, National
Association, dated February 4, 2004.**
Exhibit 3.
See Exhibit 2
Exhibit 4.
Copy of By-laws of the trustee as now in effect.***
Exhibit 5.
Not applicable.
Exhibit 6.
The consent of the trustee required by Section 321(b) of the Act.
Exhibit 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.
Exhibit 8.
Not applicable.
Exhibit 9.
Not applicable.
*
Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.
**
Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.
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 Los Angeles and State of California on the 14th day of June, 2011.
WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Maddy Hall
Maddy Hall
Vice President
EXHIBIT 6
June 14, 2011
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 therefor.
Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Maddy Hall
Maddy Hall
Vice President
EXHIBIT 7
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 March 31, 2011, 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
$ 17,369
Interest-bearing balances
74,672
Securities:
Held-to-maturity securities
0
Available-for-sale securities
145,551
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices
6,481
Securities purchased under agreements to resell
10,955
Loans and lease financing receivables:
Loans and leases held for sale
19,408
Loans and leases, net of unearned income
686,307
LESS: Allowance for loan and lease losses
18,779
Loans and leases, net of unearned income and allowance
667,528
Trading Assets
34,595
Premises and fixed assets (including capitalized leases)
8,062
Other real estate owned
5,290
Investments in unconsolidated subsidiaries and associated companies
588
Direct and indirect investments in real estate ventures
108
Intangible assets
Goodwill
20,936
Other intangible assets
27,181
Other assets
54,306
___________
Total assets
$1,093,030
LIABILITIES
Deposits:
In domestic offices
$749,729
Noninterest-bearing
171,738
Interest-bearing
577,991
In foreign offices, Edge and Agreement subsidiaries, and IBFs
93,508
Noninterest-bearing
1,895
Interest-bearing
91,613
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices
1,809
Securities sold under agreements to repurchase
14,094
Dollar Amounts
In Millions
_______________
Trading liabilities
19,802
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)
38,506
Subordinated notes and debentures
17,445
Other liabilities
32,953
_______
Total liabilities
$967,846
EQUITY CAPITAL
Perpetual preferred stock and related surplus
0
Common stock
519
Surplus (exclude all surplus related to preferred stock)
98,980
Retained earnings
19,029
Accumulated other comprehensive income
5,381
Other equity capital components
0
_______
Total bank equity capital
123,909
Noncontrolling (minority) interests in consolidated subsidiaries
1,275
Total equity capital
125,184
_______
Total liabilities, and equity capital
$1,093,030
I, Timothy J. Sloan, 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.
Timothy J. Sloan
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.
John Stumpf
Directors
Dave Hoyt
Michael Loughlin