Attached files

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S-1 - FORM S-1 - PIONEER FINANCIAL SERVICES INCpfs-forms1_2247592all.htm
EX-23.2 - CONSENT OF MAYER HOFFMAN MCCANN - PIONEER FINANCIAL SERVICES INCpfs-ex232tos12247592.htm
EX-5.1 - OPINION LETTER OF STINSON MORRISON HECKER LLP - PIONEER FINANCIAL SERVICES INCpfs-ex51toforms1_2247592.htm
EX-4 - EXHIBIT 4.2 - PIONEER FINANCIAL SERVICES INCpfs-ex42toforms1_2183950.htm
EX-4 - EXHIBIT 4.1 - PIONEER FINANCIAL SERVICES INCpfs-ex41toforms1_2183950.htm
EX-12 - RATIO OF EARNINGS TO FIXED CHARGES - PIONEER FINANCIAL SERVICES INCpfs-ex12toforms1_2247592.htm
EX-23 - EXHIBIT 23.1 - PIONEER FINANCIAL SERVICES INCpfs-ex231toforms1_2183950.htm

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)

_______________________________________________________

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

 

55402

(Address of principal executive offices)

(Zip Code)

 

Richard Prokosch

U.S. Bank National Association

60 Livingston Avenue

St. Paul, MN 55107

(651) 495-3918

(Name, address and telephone number of agent for service)

 

Pioneer Financial Services, Inc.

(Issuer with respect to the Securities)

 

Missouri

44-0607504

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

 

 

 

 

4700 Belleview Avenue, Suite 300

Kansas City, Missouri

 

64112

(Address of Principal Executive Offices)

(Zip Code)

 

Investment Notes

(Title of the Indenture Securities)

 

 

 


FORM T-1

 

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.

 

 

 

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

 

 

Items 3-15.

Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

 

Item 16.

LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

 

 

1.   A copy of the Articles of Association of the Trustee.*

 

 

 

2.   A copy of the certificate of authority of the Trustee to commence business.*

 

 

 

3.   A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 

 

 

4.   A copy of the existing bylaws of the Trustee.**

 

 

 

5.   A copy of each Indenture referred to in Item 4. Not applicable.

 

 

 

6.   The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

 

 

7.   Report of Condition of the Trustee as of September 30, 2009 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

 

 

 

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

 

** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-159463 filed on August 21, 2009.

 

 

 

 

2

 


SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 31st of December, 2009.

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Richard Prokosch

 

 

 

Richard Prokosch

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Diane L. Johnson

 

 

 

 

Diane L. Johnson

 

 

 

 

Assistant Vice President

 

 

 

 

 

 

 

 

 

 

 

3

 


Exhibit 6

 

CONSENT

 

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

 

 

 

 

 

 

 

 

 

Dated: December 31, 2009

 

By:

/s/ Richard Prokosch

 

 

 

Richard Prokosch

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Diane L. Johnson

 

 

 

 

Diane L. Johnson

 

 

 

 

Assistant Vice President

 

 

 

 

 

 

 

 

 

 

 

4

 


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

Exhibit 7

As of 9/30/2009

 

($000’s)

 

Assets

 

 

 

9/30/2009

 

Cash and Balances Due From

 

$

 

 

5,280,939

 

Depository Institutions

 

 

 

 

 

 

Securities

 

 

 

 

40,563,378

 

Federal Funds

 

 

 

 

3,740,525

 

Loans & Lease Financing Receivables

 

 

 

 

179,125,128

 

Fixed Assets

 

 

 

 

4,619,442

 

Intangible Assets

 

 

 

 

12,762,329

 

Other Assets

 

 

 

 

13,851,241

 

Total Assets

 

$

 

 

259,942,982

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Deposits

 

$

 

 

180,624,239

 

Fed Funds

 

 

 

 

10,951,345

 

Treasury Demand Notes

 

 

 

 

0

 

Trading Liabilities

 

 

 

 

469,006

 

Other Borrowed Money

 

 

 

 

28,305,774

 

Acceptances

 

 

 

 

0

 

Subordinated Notes and Debentures

 

 

 

 

7,779,967

 

Other Liabilities

 

 

 

 

6,311,437

 

Total Liabilities

 

$

 

 

234,441,768

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

Minority Interest in Subsidiaries

 

$

 

 

1,640,987

 

Common and Preferred Stock

 

 

 

 

18,200

 

Surplus

 

 

 

 

12,642,020

 

Undivided Profits

 

 

 

 

11,200,007

 

Total Equity Capital

 

$

 

 

25,501,214

 

 

 

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

 

 

259,942,982

 

 

 

 

 

 

 

 

 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

 

U.S. Bank National Association

 

By:

/s/ Richard Prokosch

 

 

Vice President

 

 

 

 

December 31, 2009

 

 

 

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