Trust Examiner School eBook

DFI Trust Company Examiner’s Entry Checklist

1. Face value of bonds originally issued, 2. Face value currently outstanding, and

3. Whether any appointment is subject to the Trust Indenture Act of 1939 (the Company must have filed SEC Form T-1 prior to acting on such appointments). J. List of all corporate trusteeships which are in default. Please indicate: 1. The date and nature of default, 2. Actions taken by the institution, 3. Current status, and 4. Face value of bonds outstanding. K. List of corporate trusteeships which are receiving special administrative attention, and those in which obligors have not complied with indenture requirements. L. List appointments where the institution has sole or joint responsibility for assets which are not in its possession, or those over which accounting control has not been established. M. With respect to directors, officers, and employees of the Company, provide the following: 1. A list of their direct obligations held in any account, please indicate whether any such items are receiving special or preferential treatment, e.g., rates of interest, etc., 2. A list of holdings of stock and/or obligations of their corporations held in any account, 3. A list of fiduciary accounts for which any director, officer, or employee serves as co-fiduciary, and 4. A list of fiduciary accounts for which any director, officer, or employee of the Company (or an affiliate organization) has any interest as either a donor or beneficiary (exclude interests in own Company employee benefit plans). N. List of real property held in any fiduciary account, which is leased, to the Company, an affiliate, or to any director, officer, or employee. O. List of voting securities held in discretionary fiduciary accounts where the Company holds, in the aggregate: 1. 5% or more of the outstanding class of securities ( if the securities are registered pursuant to Section 12 of the Securities Exchange Act of 1934 ), OR 2. 25% or more of the outstanding class of securities, if not falling within the preceding criteria. P. Describe any 12b-1 mutual fund fee (or any other mutual fund compensation) arrangements in effect, including the solicitation of written customer approvals to use their accounts in such arrangements. Indicate if ERISA accounts are charged these fees. State what procedures are followed to inform customers of the dollar value of these fees earned against their accounts.