ORIX CREDIT ALLIANCE RECEIVABLES 2000 B CORP
S-1/A, EX-25.1, 2000-08-18
ASSET-BACKED SECURITIES
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                                                                    EXHIBIT 25.1

                                    Form T-1

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549


                            STATEMENT OF ELIGIBILITY
                   UNDER THE TRUST INDENTURE ACT OF 1939 OF A
                    CORPORATION DESIGNATED TO ACT AS TRUSTEE

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



                              THE BANK OF NEW YORK
               (Exact name of trustee as specified in its charter)


<TABLE>
<S>                                                         <C>
New York                                                    13-5160382
(State of incorporation                                     (I. R. S. employer
if not a U. S. national bank)                               identification no.)

One Wall Street,  New York,  NY                             10286
(Address of principal executive offices)                    (Zip code)
</TABLE>






                  Orix Credit Alliance Receivables Trust 2000-B
               (Exact name of obligor as specified in its charter)

<TABLE>
<S>                                                         <C>
Delaware                                                    N/F
(State or other jurisdiction of                             (I. R. S. employer
incorporation or organization)                              identification no.)
</TABLE>


                         C/O Orix Credit Alliance, Inc.
                                300 Lighting Way
                              Secaucus, New Jersey
                                   07096-1525

                             Receivable-Backed Notes
                       (Title of the indenture securities)




<PAGE>   2




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.


<TABLE>
<S>                                                         <C>
       Name                                                 Address

       Superintendent of Banks of the State                 2 Rector Street,  N.Y.,
       New York, NY                                         NY 10006,  and Albany,
                                                            12203

       Federal Reserve Bank of New York                            33 Liberty Plaza,
       N. Y.,
                                                            NY 10045

       Federal Deposit Insurance Corporation                Washington,  DC 20429

       New York Clearing House Association                  New York,  NY 10005
</TABLE>

       (b)    WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.

       Yes.

2.     AFFILIATIONS WITH OBLIGOR.

       IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
       AFFILIATION.

       None.

16.    List of Exhibits.

       EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
       ARE INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO
       RULE 7a-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17 C. F.
       R. 229.10 (d).

              1.            A copy of the Organization Certificate of The Bank
                     of New York (formerly Irving Trust Company) as now in
                     effect, which contains the authority to commence business
                     and a grant of powers to exercise corporate trust powers.
                     (Exhibit 1 to Amendment No. 1 to Form T-1 filed with
                     Registration Statement No. 33-6215, Exhibits 1a and 1b to
                     Form T-1 filed with Registration Statement No. 33-21672 and
                     Exhibit 1 to Form T-1 filed with Registration Statement No.
                     33-29637.)


              4.            A copy of the existing By-laws of the Trustee.
                     (Exhibit 4 to Form T-1 filed with Registration Statement
                     No. 33-31019.)



<PAGE>   3




                                    SIGNATURE


       PURSUANT TO THE REQUIREMENTS OF THE TRUST INDENTURE ACT OF 1939 THE
TRUSTEE, THE BANK OF NEW YORK. A NEW YORK BANKING CORPORATION, ORGANIZED AND
EXISTING UNDER THE LAWS OF THE STATE OF NEW YORK, HAS DULY CAUSED THIS STATEMENT
OF ELIGIBILITY TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY
AUTHORIZED, ALL IN THE CITY OF NEW YORK AND STATE OF NEW YORK, ON THE 18TH DAY
OF AUGUST, 2000.




                       THE BANK OF NEW YORK, AS TRUSTEE FOR ORIX CREDIT ALLIANCE
                       RECEIVABLES TRUST 2000-B


                                    BY: /s/ Kelly Sheehan
                                        ------------------
                                        Kelly Sheehan





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