Exhibit 25.4
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE
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CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) [ ]
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J. P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
95-4655078
(Jurisdiction of incorporation or organization (I.R.S. employer
if not a U.S. national bank) identification No.)
1999 AVENUE OF THE STARS - FLOOR 26
LOS ANGELES, CA 90067
(Address of principal executive offices) (Zip Code)
Christopher C. Holly
Assistant General Counsel
227 West Monroe St., Floor 26
Chicago, IL 60606-5055
Tel: (313) 267-5063
(Name, address and telephone number of agent for service)
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THE DETROIT EDISON COMPANY
(Exact name of obligor as specified in its charter)
MICHIGAN 38-0478650
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification No.)
2000 SECOND AVENUE
DETROIT, MICHIGAN 48226
(Address of principal executive offices) (Zip Code)
GENERAL AND REFUNDING MORTGAGE BONDS
(Title of the indenture securities)
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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.
Board of Governors of the Federal Reserve System, Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
ITEM 2. AFFILIATIONS WITH THE OBLIGOR.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
NO RESPONSES ARE INCLUDED FOR ITEMS 3-15 OF THIS FORM T-1 BECAUSE THE OBLIGOR IS
NOT IN DEFAULT AS PROVIDED UNDER ITEM 13.
ITEM 16. LIST OF EXHIBITS.
List below all exhibits filed as part of this statement of eligibility.
Exhibit 1 Articles of Association of the Trustee as Now in Effect (see Exhibit
1 to Form T-1 filed in connection with Form 8-K of the Southern
California Water Company filing, dated December 7, 2001, which is
incorporated by reference).
Exhibit 2 Certificate of Authority of the Trustee to Commence Business (see
Exhibit 2 to Form T-1 filed in connection with Registration
Statement No. 333-41329, which is incorporated by reference).
Exhibit 3 Authorization of the Trustee to Exercise Corporate Trust Powers
(contained in Exhibit 2).
Exhibit 4 Existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in
connection with Form 8-K of the Southern California Water Company
filing, dated December 7, 2001, which is incorporated by reference).
Exhibit 5 Not Applicable.
Exhibit 6 The consent of the Trustee required by Section 321 (b) of the Act
(see Exhibit 6 to Form T-1 filed in connection with Registration
Statement No. 333-41329, which is incorporated by reference).
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.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, J. P. Morgan Trust Company, National Association, has duly caused this
statement of eligibility and qualification 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 22nd day of August, 2006.
J. P. Morgan Trust Company, National
Association
By: /s/ J. Michael Banas
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J. Michael Banas
Authorized Officer
Exhibit 7
J. P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
STATEMENT OF CONDITION
JUNE 30, 2006
($000)
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ASSETS
Cash and Due From Banks 18,834
Securities 240,601
Loans and Leases 137,050
Premises and Fixed Assets 5,290
Intangible Assets 335,608
Goodwill 202,094
Other Assets 45,317
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Total Assets 984,794
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LIABILITIES
Deposits 80,959
Other Liabilities 47,388
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Total Liabilities 128,347
EQUITY CAPITAL
Common Stock 600
Surplus 701,587
Retained Earnings 154,260
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Total Equity Capital 856,447
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Total Liabilities and Equity Capital 984,794
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