EX-99.I 3 tyf-ex99i.htm OPINION OF FOLEY & LARDNER tyf-ex99i.htm
Exhibit (i)

[LOGO OMITTED]
 
 
 
 
 
 
 
 
 
 
April 30, 2010
ATTORNEYS AT LAW
777 EAST WISCONSIN AVENUE, SUITE 3800
MILWAUKEE, WISCONSIN  53202-5306
414.271.2400 TEL
414.297.4900  FAX
www.foley.com
 
CLIENT/MATTER NUMBER
046288-0101
 

 
The Yacktman Funds, Inc.
6300 Bridgepoint Parkway
Building One, Suite 320
Austin, Texas 78730
 
 
Ladies and Gentlemen:
 
We have acted as counsel for you in connection with the preparation of an Amended Registration Statement on Form N-1A relating to the sale by you of an indefinite amount of The Yacktman Funds, Inc. Common Stock (such Common Stock being hereinafter referred to as the “Stock”) in the manner set forth in the Amended Registration Statement to which reference is made.  In this connection we have examined:  (a) the Amended Registration Statement on Form N-1A; (b) your Articles of Incorporation and Bylaws, as amended to date; (c) corporate proceedings relative to the authorization for issuance of the Stock; and (d) such other proceedings, documents and records as we have deemed necessary to enable us to render this opinion.
 
Based upon the foregoing, we are of the opinion that the shares of Stock when sold as contemplated in the Amended Registration Statement will be legally issued, fully paid and nonassessable
 
We hereby consent to the use of this opinion as an exhibit to the Amended Registration Statement on Form N-1A.  In giving this consent, we do not admit that we are experts within the meaning of Section 11 of the Securities Act of 1933, as amended, or within the category of persons whose consent is required by Section 7 of said Act.
 
Very truly yours,

/s/ Foley & Lardner LLP

Foley & Lardner LLP
 
 

 
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