_________________________________
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
 
Date of Report (Date of earliest event reported):
June 5, 2001
BANK OF AMERICA CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State of Incorporation)
1-6523
(Commission File Number)
56-0906609
(IRS Employer Identification No.)
100 North Tryon Street
Charlotte, North Carolina
(Address of principal executive offices)
28255
(Zip Code)
(704) 386-5000
(Registrant's telephone number, including area code)
 
 
ITEM 5. OTHER EVENTS.
     On May 30, 2001, a Committee of the Board
of Directors of the Registrant (the "Committee") approved the implementation
of a new series under the Registrant=s
medium-term note program, pursuant to which certain officers of the Registrant
may cause the Registrant to issue from time to time up to $3,000,000,000
aggregate principal amount of medium-term notes, which may be senior debt
securities, designated as the Senior Medium-Term Notes, Series I (the "Senior
Medium-Term Notes") or subordinated debt securities, designated as the
Subordinated Medium-Term Notes, Series I (the "Subordinated Medium-Term
Notes" and, together with the Senior Medium-Term Notes, the "Medium-Term
Notes"), or any combination thereof, and may establish the price, terms
and conditions and the specific method of distribution of the Medium-Term
Notes. The resolutions of the Committee are included as Exhibit 99.1 hereto.
The Senior Medium-Term Notes will be issued under an Indenture dated as of January 1, 1995, between NationsBank Corporation, precedessor to the Registrant ("NationsBank") and The Bank of New York (successor in interest to U.S. Bank Trust of New York, National Association, as successor trustee to BankAmerica National Trust Company), (the "Senior Trustee"), as supplemented by a First Supplemental Indenture dated September 18, 1998 and a Second Supplemental Indenture dated as of May 7, 2001. The Subordinated Medium-Term Notes will be issued under an Indenture dated as of January 1, 1995 between the Registrant and The Bank of New York, as trustee, as supplemented by a First Supplemental Indenture dated August 28, 1998.
The Registrant entered into a distribution agreement dated as of June 5, 2001 with the agents named therein (the "Distribution Agreement"), the terms of which will govern sales of the Medium-Term Notes. The Medium-Term Notes are described generally in the Prospectus dated August 5, 1999, constituting a part of Registration Statements Nos. 333-51367 and 333-83503, as supplemented by a Prospectus Supplement dated June 5, 2001 The Distribution Agreement is included as Exhibit 1.1 hereto.
The Medium-Term Notes are unsecured debt securities which have been registered on Form S-3 with the Securities and Exchange Commission as follows: (i) $616,946,091 under the Series H Medium-Term Note program established under Registration Statement No. 333-51367, which represents all remaining unissued securities covered by such registration statement, and (ii) $2,383,053,909 under Registration Statement No. 333-83503, which will leave $8,266,946,091 of unallocated common stock, preferred stock or debt securities which may be issued under such registration statement.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibits are filed herewith:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
                     
1.1                           
Distribution Agreement dated June 5, 2001 with
                                         
              
respect to the offering of the Medium-Term Notes
                     
4.1                           
Indenture dated as of January 1, 1995
                                         
             
between NationsBank Corporation and
                                         
             
BankAmerica National Trust Company,
                                         
             
as trustee, incorporated herein by
                                         
             
reference to Exhibit 4.1 of the Registrant's
                                         
             
Registration Statement on Form S-3, as
                                         
             
amended, Registration No. 33-57533
 
                  
4.2                              
Successor Trustee Agreement effective
                                         
             
December 15, 1995, between NationsBank
                                         
             
Corporation and First Trust of New York,
                                         
             
National Association (now U.S. Bank
                                         
             
Trust National Association), as successor
                                         
              
trustee to BankAmerica National Trust
                                         
              
Company (the "Senior Trustee") incorporated
                                         
              
herein by reference to Exhibit 4.2 of
                                         
              
the Registrant's Registration Statement
                                         
              
on Form S-3 Registration No. 333-7229
 
                   
4.3                              
First Supplemental Indenture dated as of
                                         
              
September 18, 1998 among NationsBank
                                         
              
Corporation, NationsBank (DE) Corporation
                                         
              
and the Senior Trustee, as Trustee, incorporated
                                         
              
herein by reference by Exhibit 4.3 of the Registrant's
                                         
              
8-K filed on November 18, 1998
                   
4.4                              
Second Supplemental Indenture dated as
                                         
              
of May 7, 2001 among the Registrant and
                                         
              
the Senior Trustee, as Trustee
                  
4.5                               
Form of Senior Medium-Term Note, Series
                                         
              
I (Fixed Rate)
                  
4.6                               
Form of Senior Medium-Term Note, Series
                                         
              
I (Floating Rate)
                  
4.7                               
Form of Senior Medium-Term Note,
                                         
              
Series I (Indexed Note)
                 
4.8                                
Indenture dated as of January 1, 1995 between
                                         
              
NationsBank Corporation and The Bank of
                                         
              
New York, as trustee (the "Subordinated
                                         
              
Trustee"), incorporated herein by reference to
                                         
              
Exhibit 4.5 of the Registrant's Registration Statement
                                         
              
on Form S-3, as amended, Registration No. 33-57533
                   
4.9                              
First Supplemental Indenture dated as of
                                         
              
August 28, 1998 among NationsBank
                                         
              
Corporation, NationsBank (DE)
                                         
              
Corporation and the Subordinated Trustee
                                         
               
incorporated herein by reference to Exhibit 4.7
                                         
               
of the Registrant's Current Report on
                                         
               
Form 8-K, filed November 18, 1998
                   
4.10                             
Form of Subordinated Medium-Term Note,
                                         
               
Series I (Fixed Rate)
                   
4.11                             
Form of Subordinated Medium-Term Note,
                                         
               
Series I (Floating Rate)
                     
5.1                            
Opinion of Smith Helms Mulliss & Moore, L.L.P.
                                         
              
as to the legality of the securities.
                   
23.1                            
Consent of Smith Helms Mulliss & Moore, L.L.P.
                                         
              
(included in Exhibit 5.1)
                   
99.1                            
Resolutions of a Committee appointed by the
                                         
              
Board of Directors dated May 30, 2001 with
                                         
              
respect to the terms of the offering of the
                                         
              
Medium-Term Notes
 
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BANK OF AMERICA CORPORATION
                                          
                             
By:
                                         
                                          
  
CHARLES M. BERGER
                                         
                                          
  
Deputy General Counsel
 
 
 
 
Dated: June ___, 2001
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION OF EXHIBIT
                       
1.1                            
Distribution Agreement dated June 5, 2001 with
                                         
                
respect to the offering of the Medium-
                                         
                
Term Notes
                      
4.1                              
Indenture dated as of January 1, 1995
                                         
                 
between NationsBank Corporation and
                                         
                 
BankAmerica National Trust Company,
                                         
                 
as trustee, incorporated herein by
                                         
                 
reference to Exhibit 4.1 of the Registrant's
                                         
                 
Registration Statement on Form S-3, as
                                         
                 
amended, Registration No. 33-57533
                     
4.2                               
Successor Trustee Agreement effective
                                         
                  
December 15, 1995, between NationsBank
                                         
                 
Corporation and First Trust of New York,
                                         
                 
National Association (now U.S. Bank
                                         
                 
Trust National Association), as successor
                                         
                 
trustee to BankAmerica National Trust
                                         
                 
Company (the "Senior Trustee") incorporated
                                         
                  
herein by reference to Exhibit 4.2 of
                                         
                  
the Registrant's Registration Statement
                                         
                  
on Form S-3 Registration No. 333-7229
 
                     
4.3                                
First Supplemental Indenture dated as of
                                         
                  
September 18, 1998 among NationsBank
                                         
                  
Corporation, NationsBank (DE) Corporation
                                         
                  
and the Senior Trustee, as Trustee,
                                         
                  
incorporated herein by reference to Exhibit 4.3
                                         
                  
of the Registrant's Current Report on Form 8-K
                                         
                   
filed November 18, 1998
                      
4.4                                
Second Supplemental Indenture dated as of
                                         
                   
May 7, 2001 between the Registrant and the
                                         
                   
Senior Trustee, as Trustee
                      
4.5                                 
Form of Senior Medium-Term Note, Series
                                         
                    
I (Fixed Rate)
                      
4.6                                  
Form of Senior Medium-Term Note, Series
                                         
                     
I (Floating Rate)
                      
4.7                                  
Form of Senior Medium-Term Note,
                                         
                     
Series I (Indexed Note)
                      
4.8                                  
Indenture dated as of January 1, 1995
                                         
                     
between NationsBank Corporation and
                                         
                     
The Bank of New York, as trustee (the
                                         
                      
"Subordinated Trustee"), incorporated
                                         
                      
herein by reference to Exhibit 4.5 of the
                                         
                      
Registrant's Registration Statement on
                                         
                      
Form S-3, as amended, Registration No. 33-57533
                        
4.9                                 
First Supplemental Indenture dated as of
                                         
                      
August 28, 1998 among NationsBank
                                         
                      
Corporation, NationsBank (DE) Corporation
                                         
                       
and the Subordinated Trustee,
                                         
                       
incorporated herein by reference to
                                         
                       
Exhibit 4.7 of the Registrant's Current
                                         
                       
Report on Form 8-K, filed November 18, 1998
                        
4.10                                 
Form of Subordinated Medium-Term Note,
                                         
                        
Series H (Fixed Rate)
                        
4.11                                 
Form of Subordinated Medium-Term Note,
                                         
                        
Series H (Floating Rate)
                          
5.1                                 
Opinion of Smith Helms Mulliss & Moore, L.L.P.
                                         
                        
as to the legality of the securities.
                        
23.1                                 
Consent of Smith Helms Mulliss & Moore, L.L.P.
                                         
                         
(included in Exhibit 5.1)
                        
99.1                                  
Resolutions of a Committee appointed by
                                         
                         
the Board of Directors dated May 30, 2001
                                         
                         
with respect to the terms of the offering of
                                         
                         
the Medium-Term Notes