SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY AND QUALIFICATION
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)_____
FIRST TRUST OF NEW YORK, NATIONAL
ASSOCIATION (Exact name of trustee as
specified in its charter)
13-3781471
(I.R.S. Employer Identification No.)
100 Wall Street, New York, NY 10005
(Address of principal executive offices) (Zip Code)
For information, contact:
Dennis Calabrese, President
First Trust of New York, National Association
100 Wall Street, 16th Floor
New York, NY 10005
(212) 361-2502
NATIONSBANK CORPORATION
(Exact name obligor as specified in its charter)
North Carolina 56-0906609
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
NationsBank Corporate Center 28255
Charlotte, North Carolina (Zip Code)
(Address of principal executive offices)
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.
Name Address
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
Item 16. List of Exhibits
Exhibit 1 Articles of Association of First Trust of
New York, National Association, incorporated
herein by reference to Exhibit 1 of Form
T-1, Registration No. 33-83774.
Exhibit 2 Certificate of Authority to Commence
Business for First Trust of New York,
National Association, incorporated herein by
reference to Exhibit 2 of Form T-1,
Registration No. 33-83774.
Exhibit 3 Authorization of the Trustee to exercise
corporate trust powers for First Trust of
New York, National Association, incorporated
herein by reference to Exhibit 3 of Form
T-1, Registration No. 33-83774.
Exhibit 4 By-Laws of First Trust of New York,
National Association, Incorporated herein by
reference to Exhibit 4 of Form T-1,
Registration No. 33-55851.
Exhibit 5 Not applicable.
Exhibit 6 Consent of First Trust of New York,
National Association, required by Section
321(b) of the Act, incorporated herein by
reference to Exhibit 6 of Form T-1,
Registration No. 33-83774.
Exhibit 7 Report of Condition of First Trust of New
York, National Association, as of the close
of business on March 31, 1996, published
pursuant to law or the requirements of its
supervising or examining authority.
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Exhibit 8 Not applicable.
Exhibit 9 Not applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, First Trust of New York, 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 New
York and State of New York, on the 28th day of June, 1996.
FIRST TRUST OF NEW YORK,
NATIONAL ASSOCIATION
By
Geovanni Barris
Assistant Vice President
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Exhibit 7
First Trust of New York, N.A.
Statement of Financial Condition
As of 3/31/96
($000's)
Assets 3/31/96
Cash and Due From Depository Institutions $23,596
Federal Reserve Stock 3,600
Fixed Assets 764
Intangible Assets 84,233
Other Assets 9,068
Total Assets $121,261
Liabilities
Other Liabilities 2,553
Total Liabilities 2,553
Equity
Common and Preferred Stock 1,000
Surplus 120,932
Undivided Profits (3,224)
Total Liabilities and Equity Capital $121,261
To the best of the undersigned's determination, as of this date the above
financial information is true and correct.
First Trust of New York, N.A.
By:
Geovanni Barris
Assistant Vice President
Date: June 28, 1996