1 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) ---------------------- NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION (Exact name of trustee as specified in its charter) 58-0193243 (I.R.S. employer identification no.) 600 Peachtree Street, N.E. Suite 900 Atlanta, Georgia 30308 (Address of principal executive offices) (Zip Code) ----------------------------- John T. Henderson NationsBank of Georgia, National Association Area Administration 6000 Feldwood Road College Park, Georgia 30349 (404) 774-6074 (Name, Address and telephone number of agent for service) ---------------- with a copy to: NationsBank of Georgia, National Association Corporate Trust 600 Peachtree Street, Suite 900 Atlanta, GA 30308 ---------------------------- FIRST FINANCIAL MANAGEMENT CORPORATION (Exact name of obligor as specified in its charter) Georgia 58-1107864 (State or other jurisdiction (IRS employer of incorporation or organization) identification no.) 3 Corporate Square, Suite 700 Atlanta, Georgia 30329 (404) 321-0120 (Name, address, including zip code, and telephone number, including area code, of principal executive office) -------------------------------------------- Debt Securities (Title of the indenture securities) ---------------------------------------------------------------- 2 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. The Comptroller of the Currency, Washington, D.C. Federal Reserve Bank of Atlanta 104 Marietta Street, N.W. Atlanta, Georgia Federal Deposit Insurance Corporation Washington, D.C. (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. List below all exhibits filed as a part of this statement of eligibility. (1) A copy of the Articles of Association of the trustee as now in effect. (See Exhibit 1 to Form T-1, Exhibit 25 to Registration No. 33-50233, which is incorporated herein by reference.) (2) A copy of the certificate of authority of the trustee to commence business. (See Exhibit 2 to Form T-1, Exhibit 25 to Registration No. 33-50233, which is incorporated herein by reference.) (3) A copy of the authorization of the trustee to exercise corporate trust powers. (See Exhibit 3 to Form T-1, Exhibit 25 to Registration No. 33-50233, which is incorporated herein by reference.) (4) A copy of the existing by-laws of the trustee, as amended to date. (See Exhibit 4 to Form T-1, Exhibit 25 to Registration No. 33-50233, which is incorporated herein by reference.) (6) The consent of the trustee required by Section 321(b) of the Trust Indenture Act of 1939. (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. 3 SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, NationsBank of Georgia, National Association, a corporation organized and existing under the laws of the United States of America, 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 Atlanta and the State of Georgia, on the 2nd day of November, 1994. NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION By: /s/ Sandra Carreker ------------------- Sandra Carreker Vice President 4 EXHIBIT 6 TO FORM T-1 CONSENT OF TRUSTEE Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939 in connection with the proposed issuance of First Financial Management Corporation Debt Securities, NationsBank of Georgia, National Association hereby consents that reports of examinations by Federal, State, Territorial or District Authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefor. NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION By: /s/ Sandra Carreker ------------------- Sandra Carreker Vice President 5 EXHIBIT 7 TO FORM T-1 Comptroller of the Currency Administrator of National Banks REPORT OF CONDITION Consolidating domestic and foreign subsidiaries of the NationsBank of Georgia, N.A. of Atlanta, in the state of Georgia, at the close of business on September 30, 1994 published in response to call made by Comptroller of the Currency, under Title 12, United States Code, Section 161. Charter Number 13281, Comptroller of the Currency, Atlanta District. Statement of Resources and Liabilities Dollar Amounts in Thousands ASSETS Cash and balances due from depository institutions: Noninterest-bearing balances and currency and coin 1,284,932. Securities: Held-to-maturity securities 2,262,168. Available-for-sale securities 1,979,730. Federal funds sold and securities purchased under agreements to resell in domestic offices of the bank and of its Edge and Agreement subsidiaries, and in IBFs: Federal funds sold 681,581. Securities purchased under agreements to resell 1,000. Loans and lease financing receivables: Loans and leases, net of unearned income 10,368,698. LESS: Allowance for loan and lease losses 144,800. Loans and leases, net of unearned income, allowance, and reserve 10,223,898. Assets held in trading accounts 17,832. Premises and fixed assets (including capitalized leases) 188,054. Other real estate owned 11,810. Customers' liability to this bank on acceptances outstanding 166,352. Intangible assets 41,997. Other assets 175,432. Total assets 17,034,786. LIABILITIES Deposits: In domestic offices 8,434,032. Noninterest-bearing 2,722,621. Interest-bearing 5,711,411. Federal funds purchased and securities sold under agreements to repurchase in domestic offices of the bank and of its Edge and Agreement subsidiaries, and in IBFs: Federal funds purchased 5,922,740. Securities sold under agreements to repurchase 294,226. Demand notes issued to the U.S. Treasury 148,359. Trading Liabilities 6,857. Other borrowed money: With original maturity of one year or less 268,337. With original maturity of more than one year 524. Bank's liability on acceptances executed and outstanding 166,352. Other liabilities 771,599. Total liabilities 16,013,026. EQUITY CAPITAL Surplus 232,803. Undivided profits and capital reserves 714,854. Less: Net unrealized loss on marketable equity securities (23,644) Total equity capital 1,021,760. Total liabilities, limited-life preferred stock, and equity capital 17,034,786. We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct. Hugh M. Chapman L.L. Directors Gellerstedt, III Harold A. Dawson