What is SEC Form T-1

SEC Form T-1 is a statement of eligibility for a corporate trustee that must be filed with the U.S. Securities and Exchange Commission (SEC). The form describes the entity's eligibility to act as a trustee under an indenture to be qualified under the Trust Indenture Act of 1939, which governs the offering of notes, bonds, debentures, evidences of indebtedness and certificates of interest.


To safeguard the rights of bondholders, issuers of debt are required to retain a trustee, under the Trust Indenture Act of 1939, which will act on behalf of security holders, and comply with additional procedural safeguards.

SEC Form T-1 contains basic personal information about the proposed trustee, as well as its relationships with the issuer of debt and the underwriters, such as whether the issuer or any underwriter holds any of the trustee's securities and whether the trustee holds any securities of the issuer or any underwriter.

Form T-1 is filed by the issuer as an exhibit to its registration statement when registering a public offering of debt securities. It is similar to SEC Form T-2 and SEC Form T-3, except that it is for corporate trustees instead of individual ones.

For a list of other required SEC filings that provide a view of a company's history and progress, read SEC Filings: Forms You Need To Know.