EX-99.I1 8 h95454ex99-i1.txt OPINION & CONSENT OF BALLARD SPAHR ANDREWS EXHIBIT i(1) [BALLARD SPAHR ANDREWS & INGERSOLL, LLP LETTERHEAD] April 2, 2002 AIM International Funds, Inc. 11 Greenway Plaza, Suite 100 Houston, TX 77046-1173 Re: AIM International Funds, Inc. Registration Statement on Form N-1A Gentlemen: We have acted as counsel to AIM International Funds, Inc., a corporation organized under the laws of the State of Maryland (the "Company") and registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end, series management investment company. This opinion is given in connection with the filing by the Company of Post-Effective Amendment No. 25 to the Registration Statement on Form N-1A under the Securities Act of 1933, as amended, and Amendment No. 27 to such Registration Statement under the 1940 Act (collectively, the "Registration Statement") relating to the registration of an indefinite number of Class R shares of common stock, par value $.001 per share (the "Shares"), of each of AIM European Development Fund and AIM International Equity Fund (each a "Fund" and, collectively, the "Funds"). In connection with our giving this opinion, we have examined copies of the Company's Charter and resolutions of the Board of Directors adopted March 12, 2002, and originals or copies, certified or otherwise identified to our satisfaction, of such other documents, corporate records and other instruments as we have deemed necessary or advisable for purposes of this opinion. We have also examined the prospectuses for the Funds, which are included in the Registration Statement, substantially in the form in which they are to become effective (the "Prospectuses"). As to various questions of fact material to our opinion, we have relied upon information provided by officers of the Company. Based on the foregoing, we are of the opinion that the Shares to be offered for sale pursuant to the Prospectuses are, to the extent of the number of Shares authorized to be AIM International Funds, Inc. April 2, 2002 Page 2 issued by the Company in its Charter, duly authorized and, when sold, issued and paid for as described in the Prospectuses, will be legally issued, fully paid and nonassessable. We express no opinion concerning the laws of any jurisdiction other than the federal law of the United States of America and the Maryland General Corporation Law. We consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name and to the reference to our firm under the caption "Investment Advisory and Other Services - Other Service Providers - Counsel to the Company" in the Statement of Additional Information for the Funds, which is included in the Registration Statement. Very truly yours, /s/ Ballard Spahr Andrews & Ingersoll, LLP