DEFINITION of 'SEC Form T-1'
A statement of eligibility for an individual trustee that must be filed with the Securities and Exchange Commission (SEC). The SEC Form T-1 contains basic personal information about the proposed trustee, as well as any affiliations thereof.
BREAKING DOWN 'SEC Form T-1'
This form is required by sections 305 and 307 of the Trust Indenture Act of 1939. It is similar to form T-2, except that it is for corporate trustees instead of individual ones.