EX-5.1 3 ex5_1.txt EXHIBIT 5.1 EXHIBIT 5.1 ----------- Coudert Brothers LLP NORTH AMERICA ATTORNEYS AT LAW NEW YORK, WASHINGTON, SAN FRANCISCO, LOS ANGELES, SAN JOSE, DENVER, MONTREAL, 303 ALMADEN BOULEVARD PALO ALTO FIFTH FLOOR SAN JOSE, CALIFORNIA 95110-2721 EUROPE TEL: (408) 297-9982 PARIS, LONDON, BRUSSELS, MOSCOW, BERLIN, FAX: (408) 297-3191 ST. PETERSBURG, FRANKFURT, ANTWERP, GHENT, www.coudert.com MILAN, MUNICH JMASON@COUDERT.COM ASIA/PACIFIC HONG KONG, SINGAPORE, BEIJING, SYDNEY, TOKYO, BANGKOK, JAKARTA, ALMATY August 16, 2002 ASSOCIATED OFFICES BUDAPEST MEXICO CITY PRAGUE STOCKHOLM NAGY ES TROCSANYI RIOS FERRER Y GIESE AND SCHURMANN & UGYVEDI IRODA GUILLEN-LLARENA, S.C. PARTNER GRONBERG Board of Directors FNB Bancorp 975 El Camino Real South San Francisco, CA 94080 Re: FNB Bancorp 2002 Stock Option Plan ---------------------------------- Dear Directors: We refer to the Registration Statement on Form S-8 (the "Registration Statement") to be filed by FNB Bancorp (the "Company") with the Securities and Exchange Commission under the Securities Act of 1933, as amended, relating to 158,613 shares of the Company's Common Stock, no par value, issuable under the FNB Bancorp 2002 Stock Option Plan. As counsel to the Company, we have examined such questions of law and such corporate records and other documents as we have considered necessary or appropriate for the purposes of this opinion and, upon the basis of such examination, advise you that, in our opinion, these shares have been duly and validly authorized and, when issued and sold in the manner contemplated by the Registration Statement, will be validly issued, fully paid and nonassessable. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, /s/ Coudert Brothers LLP ------------------------ COUDERT BROTHERS LLP 8