Attached files
| file | filename |
|---|---|
| 10-K - MS STRUCTURED SATURNS SERIES 2001-6 | saturns10k2001-6_0311.htm |
| EX-31.1 - MS STRUCTURED SATURNS SERIES 2001-6 | saturns10kex3112001-6_0311.htm |
Exhibit 31.2
COMPLIANCE STATEMENT
In connection with the preparation and delivery of the annual report on Form 10-K of MS Structured Asset Corp. on behalf of SATURNS Trust No. 2001-6 for the fiscal year ending December 31, 2010, and the certifications given by In-Young Chase with respect thereto, the undersigned hereby certifies that he is a duly elected Senior Vice President of Bank of America, National Association as successor by merger to LaSalle Bank National Association (the “Trustee”) and further certifies in his capacity as such as follows:
1. I have reviewed all reports on Form 8-K containing distribution reports filed in respect of periods included in the year covered by this annual report, of MS Structured Asset Corp. on behalf of SATURNS Trust No. 2001-6;
2. Based on my knowledge, the information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this annual report, except for any material misstatements or omissions that may be disclosed in Exhibit B;
3. Based on my knowledge, and except as disclosed in Exhibit B, the distribution information required to be provided to the depositor by the Trustee under the applicable trust agreement for inclusion in these reports is included in these reports;
4. I am familiar with the operations of Bank of America, National Association, as successor by merger to LaSalle Bank National Association with respect to the SATURNS program and SATURNS Trust No. 2001-6 and the requirement imposed by the applicable trust agreement, and except as disclosed in the distribution reports and as disclosed in Exhibit B, the Trustee has fulfilled its obligations under the applicable trust agreement; and
5. Based on my knowledge, and except as disclosed in the distribution reports referenced on Exhibit A to this compliance certificate, there are no material legal proceedings with respect to any trust, involving the trust or Bank of America, National Association as successor by merger to LaSalle Bank National Association as trustee.
| By: /s/ Thomas M. O'Connor | ||
| Name: Thomas M. O'Connor | ||
| Title: Senior Vice President | ||
|
Date: March 29, 2011
|
Exhibit A
|
SATURNS
Trust No.:
|
Closing
Date
|
Payment Dates
|
Form 8-K Filing Dates (Not Trust Agreement Filings in connection with Closing Date)
For FY 2010
|
|
2001-6
|
7/16/01
|
March 31, June 30, September 30, December 31
|
April 6, 2010, July 1, 2010, October 5, 2010 and January 3, 2011
|
|
SATURNS
Trust No.:
|
Closing
Date
|
Event Description
|
Form 8-K Filing Dates (Not Trust Agreement Filings in connection with Closing Date or filings related to Payment Dates)
For FY 2010
|
|
2001-6
|
7/16/01
|
Not Applicable
|
None this fiscal year
|
Exhibit B
With respect to the distribution reports that were filed with the Securities and Exchange Commission on (w) April 6, 2010 (i) the aggregate stated principal amount of the Securities should have been reported as $58,075,000.00 instead of $63,370,000.00, (ii) the Next Swap Rate for SATURNS Trust No. 2001-6 as recipient should have been reported as 7.93804% instead of 0.00%, (iii) Swap Recipient was unreported and should have reported Morgan Stanley Inc. International Ltd. as a Swap Recipient, (iv) Swap Amount Received for Morgan Stanley Inc. International Ltd. was unreported and should have been reported as $0.00 (v) Next Swap Rate for Morgan Stanley Inc. International Ltd. was unreported and should have been reported as 8.070%, (vi) the amount received on the related Securities was unreported and should have been reported as $0.00, and (vii) the interest rate applicable to the Securities was unreported and should have been reported as 8.070%; (x) July 1, 2010, (i) the aggregate stated principal amount of the Securities should have been reported as $58,075,000.00 instead of $63,070,000.00; (ii) the Next Swap Rate for SATURNS Trust No. 2001-6 as recipient should have been reported as 7.93804% instead of 0.00%, (iii) Swap Recipient was unreported and should have reported Morgan Stanley Inc. International Ltd. N.A.as a Swap Recipient, (iv) Swap Amount Received for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as $2,343,326.25 and (v) Next Swap Rate for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as 8.070%, (vi) the amount received on the related Securities was unreported and should have been reported as $2,343,326.25, and (vii) the interest rate applicable to the Securities was unreported and should have been reported as 8.070%; (y) October 5, 2010, (i) the aggregate stated principal amount of the Securities should have been reported as $58,075,000.00 instead of $63,370,000.00, (ii) the Next Swap Rate for SATURNS Trust No. 2001-6 as recipient should have been reported as 7.93804% instead of 0.00%, (iii) Swap Recipient was unreported and should have reported Morgan Stanley Inc. International Ltd. N.A.as a Swap Recipient, (iv) Swap Amount Received for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as $0.00, (v) Next Swap Rate for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as 8.070%, (vi) the amount received on the related Securities was unreported and should have been reported as $0.00, and (vii) the interest rate applicable to the Securities was unreported and should have been reported as 8.070%; and (z) January 3, 2011 (i) the aggregate stated principal amount of the Securities should have been reported as $58,075,000.00 instead of $63,070,000.00, (ii) the Next Swap Rate for SATURNS Trust No. 2001-6 as recipient should have been reported as 7.93804% instead of 0.00%, (iii) Swap Recipient was also unreported and should have reported Morgan Stanley Inc. International Ltd. N.A. as a Swap Recipient, (iv) Swap Amount Received for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as $2,343,326.25 (v) Next Swap Rate for Morgan Stanley Inc. International Ltd. N.A. was unreported and should have been reported as 8.070%, (vi) the amount received on the related Securities was unreported and should have been reported as $2,343,326.25 and (vii) the interest rate applicable to the Securities was unreported and should have been reported as 8.070%. These errors will be corrected on or before August 31, 2011 and revised remittance reports are expected to be sent to applicable investors on or before August 31, 2011.
Capitalized terms used but not defined in this Exhibit B have the meanings set forth in the Standard Terms for Trust Agreement, dated July 7, 1999.