SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM T-1
STATEMENT OF ELIGIBILITY AND QUALIFICATION
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
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AMERICAN BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
A National Banking Association 41-0122055
(State of incorporation if not a (IRS Employer
national bank) Identification No.)
101 East Fifth Street
Corporate Trust Department
St. Paul, Minnesota 55101
(Address of principal executive offices) (Zip Code)
AMERICAN BANK NATIONAL ASSOCIATION
101 East Fifth Street
St. Paul, Minnesota 55101
(612) 298-6280
(Exact name, address, and telephone number of agent for service)
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Price Costco, Inc.
(Exact name of obligor as specified in its charter)
Delaware 33-0572969
(State of incorporation or other (IRS Employer Identification
jurisdiction) incorporation or organization)
999 Lake Drive
Issaquah, Washington 98027
(Address of principal executive offices) (Zip Code)
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Debt Securities
(Title of 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.
-Comptroller of the Currency
Treasury Department
Washington, DC
-Federal Deposit Insurance Corporation
Washington, DC
-The Board of Governors of the Federal Reserve System
Washington, DC
(b) The Trustee is authorized to exercise corporate trust powers.
GENERAL
Item 2. AFFILIATIONS WITH OBLIGOR AND UNDERWRITERS. If the obligor or any
underwriter for the obligor is an affiliate of the Trustee, describe
each such affiliation.
None
See Note following item 16.
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. Listed below are all the exhibits filed as a part
of this statement of eligibility and
qualification. The exhibits listed below are
incorporated by reference from a previous filing.
Exhibit 1. Copy of Articles of Association of the trustee now
in effect.
Exhibit 2. a. A copy of the certificate of the Comptroller
of Currency dated June 1, 1965, authorizing
American Bank National Association to act as
fiduciary.
b. A copy of the certificate of authority of the
trustee to commence business issued June 9,
1903, by the Comptroller of the Currency to
American Bank National Association.
Exhibit 3. A copy of the authorization of the trustee to
exercise corporate trust powers issued by the
Federal Reserve Board.
Exhibit 4. Copy of By-laws of the trustee as now in effect.
Exhibit 5. Copy of each Indenture referred to in Item 4. Not
applicable.
Exhibit 6. The consent of the trustee required by Section
321(b) of the Act.
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.
NOTE
The answers to this statement insofar as such answers relate to what
persons have been underwriters for any securities of the obligor within three
years prior to the date of filing this statement, or what persons are owners of
10% or more of the voting securities of the obligor, or affiliates, are based
upon information furnished to the Trustee by the obligor. While the Trustee has
no reason to doubt the accuracy of any such information, it cannot accept any
responsibility therefor.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, a national banking association organized and existing under the laws of
the United States, has duly caused this statement of eligibility and
qualification to be signed on its behalf by the undersigned, thereunto duly
authorized, and its seal to be hereunto affixed and attested, all in the City of
Saint Paul and State of Minnesota on the 15th day of February, 1996.
AMERICAN BANK NATIONAL ASSOCIATION
[SEAL]
/s/ Frank P. Leslie III
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Frank P.Leslie III
Vice President
EXHIBIT 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939,
the undersigned, American 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: February 15, 1996
AMERICAN BANK NATIONAL ASSOCIATION
/s/ Frank P. Leslie III
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Frank P. Leslie III
Vice President