Form: S-3

Registration statement for specified transactions by certain issuers

January 30, 2001

Documents

EXHIBIT 25.1

Published on January 30, 2001



EXHIBIT 25.1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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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CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(B)(2)

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CHASE MANHATTAN BANK AND TRUST COMPANY,
NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)


95-4655078
(I.R.S. Employer Identification No.)


101 California Street Suite #2725
San Francisco, California
(Address of principal executive offices)

94111
(Zip Code)

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INTUIT, INC.
(Exact name of Obligor as specified in its charter)

Delaware
(State or other jurisdiction of incorporation or organization)

77-0034661
(I.R.S. Employer Identification No.)

2535 Garcia Avenue
Mountain View, California
(Address of principal executive offices)

94043
(Zip Code)

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Senior Debt Securities
and Subordinated 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, Washington, D.C.
Board of Governors of the Federal Reserve System, Washington, D.C.

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

ITEM 2. AFFILIATIONS WITH OBLIGOR.

If the Obligor is an affiliate of the trustee, describe each such
affiliation.

None.

ITEM 4. TRUSTEESHIPS UNDER OTHER INDENTURES

(a) Title of securities outstanding under each such indenture.

Chase Manhattan Bank and Trust Company, National Association is Trustee
under an Indenture relating to Senior Debt Securities of Intuit, Inc. and an
Indenture relating to Subordinated Debt Securities of Intuit, Inc. This form T-1
covers and applies to both Indentures, as filed as exhibits to Form S-3,
Registration No. 333-50417, which was declared effective April 30, 1998.

ITEM 16. LIST OF EXHIBITS.

List below all exhibits filed as part of this statement of eligibility.

Exhibit 1. Articles of Association of the Trustee as Now in Effect
(see Exhibit 1 to Form T-1 filed in connection with
Registration Statement No. 333-41329, which is incorporated by
reference).

Exhibit 2. Certificate of Authority of the Trustee to Commence
Business (see Exhibit 2 to Form T-1 filed in connection with
Registration Statement No. 333-41329, which is incorporated by
reference).

Exhibit 3. Authorization of the Trustee to Exercise Corporate Trust
Powers (contained in Exhibit 2).

Exhibit 4. Existing By-Laws of the Trustee (see Exhibit 4 to Form T-1
filed in connection with Registration Statement No. 333-41329,
which is incorporated by reference).

Exhibit 5. Not Applicable

Exhibit 6. The consent of the Trustee required by Section 321 (b) of
the Act (see Exhibit 6 to Form T-1 filed in connection with
Registration Statement No. 333-41329, which is incorporated by
reference).

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.

Exhibit 8. Not Applicable

Exhibit 9. Not Applicable

T-2


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, Chase Manhattan Bank and Trust Company, National Association, has duly
caused this statement of eligibility and qualification to be signed on its
behalf by the undersigned, thereunto duly authorized, all in the City of San
Francisco, and State of California, on the 26th of January, 2001.

CHASE MANHATTAN BANK AND TRUST
COMPANY, NATIONAL ASSOCIATION


By /s/ Hans H Helley
--------------------------------------
Hans H Helley
Vice President

T-3

EXHIBIT 7. Report of Condition of the Trustee.
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CONSOLIDATED REPORT OF CONDITION OF Chase Manhattan Bank and Trust Company, N.A.
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(Legal Title)

LOCATED AT 1800 Century Park East, Ste. 400 Los Angeles, CA 94111
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(Street) (City) (State)(Zip)

AS OF CLOSE OF BUSINESS ON September 30, 2000
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ASSETS DOLLAR AMOUNTS IN THOUSANDS





1. Cash and balances due from
a. Noninterest-bearing balances and currency and coin (1,2) 2,032
b. Interest bearing balances (3) 0
2. Securities
a. Held-to-maturity securities (from Schedule RC-B, column A) 0
b. Available-for-sale securities (from Schedule RC-B, column D) 1,085
3. Federal Funds sold (4) and securities purchased agreements to resell 59,050
4. Loans and lease financing receivables:
a. Loans and leases, net of unearned income (from Schedule RC-C) 123
b. LESS: Allowance for loan and lease losses 0
c. LESS: Allocated transfer risk reserve 0
d. Loans and leases, net of unearned income, allowance, and
reserve (item 4.a minus 4.b and 4.c) 123
5. Trading assets 0
6. Premises and fixed assets (including capitalized leases) 312
7. Other real estate owned (from Schedule RC-M) 0
8. Investments in unconsolidated subsidiaries and associated companies
(from Schedule RC-M) 0
9. Customers liability to this bank on acceptances outstanding 0
10. Intangible assets (from Schedule RC-M) 12,399
11. Other assets (from Schedule RC-F) 1,843
12a. TOTAL ASSETS 76,844



(1) includes cash items in process of collection and unposted debits.
(2) The amount reported in this item must be greater than or equal to the sum
of Schedule RC-M, items 3.a and 3.b
(3) includes time certificates of deposit not held for trading.
(4) Report "term federal funds sold" in Schedule RC, item 4.a "Loans and
leases, net of unearned income" and in Schedule RC-C, part 1.

T-4




LIABILITIES


13. Deposits:
a. In domestic offices (sum of totals of columns A and C from
Schedule RC-E) 31,489
(1) Noninterest-bearing 7,372
(2) Interest-bearing 24,117
b. In foreign offices, Edge and Agreement subsidiaries, and IBF'
(1) Noninterest-bearing
(2) Interest-bearing
14. Federal funds purchased (2) and securities sold under agreements to
repurchase 0
15. a. Demand notes issued to the U.S. Treasury 0
b. Trading liabilities 0
16. Other borrowed money (includes mortgage indebtedness and obligations
under capitalized leases):
a. With a remaining maturity of one year or less 0
b. With a remaining maturity of more than one year through three years 0
c. With a remaining maturity of more than three years 0
17. Not applicable
18. Bank's liability on acceptances executed and outstanding 0
19. Subordinated notes and Debentures (3) 0
20. Other liabilities (from Schedule RC-G) 11,007
21. Total liabilities (sum of items 13 through 20) 42,496
22. Not applicable

EQUITY CAPITAL

23. Perpetual preferred stock and related surplus 0
24. Common stock-- 601
25. Surplus (exclude all surplus related to preferred stock) 19,790
26. a. Undivided profits and capital reserves 13,957
b. Net unrealized holding gains (losses) on available-for-sale
securities 0
27. Cumulative foreign currency translation adjustments
28. a. Total equity capital (sum of items 23 through 27) 34,348
29. Total liabilities, equity capital, and losses deferred pursuant
to 12 U.S.C. 1823 (j) (sum of items 21 and 28.c) 76,844

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T-5