LEHMAN ABS CORP BCKD TR CRTS CORN DB BCK SE 2001-35
Item 1A.  Risk Factors.          Not Applicable
Item 2.  Properties        .           Not Applicable
Item 4.  Submission of Matters to a Vote of Security Holders.           None                                      PART II
Item 6.  Selected Financial Data.           Not Applicable
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.          Not Applicable
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.          None
Item 9B. Other Information.          None                                         3                                      PART III
Item 11.  Executive Compensation.          Not Applicable
Item 13.  Certain Relationships and Related Transactions.          None
PART IV
1.       Trustee's Distribution Statements documented on                       Form 8-K regarding the distributions from the Trust                       to the certificateholders for the period from                       January 1, 2005 through and including December 31,                       2005 have been filed with the Securities and                       Exchange Commission and are hereby incorporated by                       reference. Filing dates are listed below:    - ----------------------------------------------------------------------------- ---------------------- ---------------                              Trust Description                                Distribution Date      Filed on - ----------------------------------------------------------------------------- ---------------------- ---------------    Corporate Backed Trust Certificates, Corning Debenture-Backed Series               03/01/2005          03/11/2005 2001-35 Trust                                                                      09/01/2005          09/14/2005 - ----------------------------------------------------------------------------- ---------------------- ---------------                 2. None.               3. Exhibits:                  31.1  - Certification by Senior Vice President of the                       Registrant pursuant to 15 U.S.C. Section 7241, as                       adopted pursuant to Section 302 of the Sarbanes-Oxley                       Act of 2002.                  31.2  - Annual Compliance Report by Trustee pursuant to 15                       U.S.C. Section 7241, as adopted pursuant to Section                       302 of the Sarbanes-Oxley Act of 2002.           (b) See Item 15(a) above.           (c)      Not Applicable                                          4                                       SIGNATURE           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 thereunto duly authorized.                                    Lehman ABS Corporation, as Depositor for the                                   Trust (the "Registrant")    Dated:  March 27, 2006             By:      /s/ CHARLES M. WEAVER                                        -----------------------------------------                                             Name:    Charles M. Weaver                                             Title:   Senior Vice President                                          5                                      EXHIBIT INDEX  - -------------------------------------------------------------------------------------------     Reference                   Description of Exhibits                  Exhibit Number    Number per    Item 601 of   Regulation SK                                                         in this Form 10-K - -------------------------------------------------------------------------------------------               (31.1)      Certification by Senior Vice President of the                31.1                  Registrant pursuant to 15 U.S.C. Section 7241, as                  adopted pursuant to Section 302 of the Sarbanes-Oxley                  Act of 2002. - -------------------------------------------------------------------------------------------      (31.2)      Annual Compliance Report by Trustee pursuant to 15                  U.S.C. Section 7241, as adopted pursuant to Section          31.2                  302 of the Sarbanes-Oxley Act of 2002. - -------------------------------------------------------------------------------------------                                          6    EX-31.1 2 efc6-0755_exh311.txt                                                                      Exhibit 31.1                                  CERTIFICATION  I, Charles M. Weaver, certify that:           1.       I have reviewed this annual report on Form 10-K in respect                   of the Corporate Backed Trust Certificates, Corning                   Debenture-Backed Series 2001-35 Trust (the "Trust") and all                   reports on Form 8-K containing distribution or servicing                   reports of the Trust filed in respect of periods included in                   the year covered by this annual report of the Trust;           2.       Based on my knowledge, the information in these reports,                   taken as a whole, does not contain any untrue statement of a                   material fact or omit to state a material fact necessary to                   make the statements made, in light of the circumstances                   under which such statements were made, not misleading as of                   the last day of the period covered by this annual report;           3.       Based on my knowledge, the distribution or servicing                   information required to be provided to the Depositor by the                   Trustee under the pooling and servicing or similar                   agreement, for inclusion in these reports is included in                   these reports; and           4.       I am responsible for reviewing the activities performed by                   the Depositor and the Trustee under the pooling and                   servicing or similar agreement and based upon my knowledge                   and the annual compliance review required under that                   agreement, and except as disclosed in the reports, the                   Depositor and Trustee have each fulfilled its obligations                   under that agreement.  In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated party: U.S. Bank Trust National Association, as Trustee.  Date: March 27, 2006            /s/ CHARLES M. WEAVER - -------------------------------------------- Charles M. Weaver, Senior Vice President    EX-31.2 3 efc6-0755_ex312.txt                                                                    Exhibit 31.2                            ANNUAL COMPLIANCE REPORT  I, David J. Kolibachuk, being an officer of U.S. Bank Trust National Association, the Trustee in respect of the Corporate Backed Trust Certificates, Corning Debenture-Backed Series 2001-35 Trust (the "Trust"), certify that:           1.       I have reviewed this annual report on Form 10-K in respect                   of the Trust and all reports on Form 8-K containing                   distribution or servicing reports of the Trust filed by                   Lehman ABS Corporation in respect of periods included in the                   year covered by this annual report of the Trust;           2.       Based on my knowledge, the information in those reports,                   taken as a whole, does not contain any untrue statement of a                   material fact or omit to state a material fact necessary to                   make the statements made, in light of the circumstances                   under which such statements were made, not misleading as of                   the last day of the period covered by this annual report;           3.       Based on my knowledge, the distribution information required                   to be provided to the Depositor or the certificateholders by                   the Trustee under the pooling and servicing or similar                   agreement for inclusion in such distribution reports is                   included in such reports; and           4.       I am responsible for reviewing the activities performed by                   the Trustee under the pooling and servicing or similar                   agreement and based on my knowledge, except as disclosed in                   such reports, the Trustee has fulfilled its obligations                   under that agreement.  Date: March 27, 2006            /s/ DAVID J. KOLIBACHUK - --------------------------------------------- David J. Kolibachuk, Vice President    -----END PRIVACY-ENHANCED MESSAGE-----