EX-99.I(1) 5 d399849dex99i1.htm LEGAL OPINION OF DAVID JONES & ASSOC., P.C. <![CDATA[Legal Opinion of David Jones & Assoc., P.C.]]>

DAVID JONES & ASSOC., P.C.

 

   Law Firm   

395 Sawdust, # 2137

The Woodlands, TX 77380

   LOGO   

F (281) 702-2137

P (877) 639-0675

   November 30, 2012   

The Timothy Plan

1055 Maitland Commons Blvd.

Maitland, Florida 32751

Ladies and Gentlemen:

I have been asked by The Timothy Plan (the “Trust”), a business trust organized under the laws of the State of Delaware, to render my opinion with respect to the issuance of an indefinite number of shares of beneficial interest of the Trust (the “Shares”) representing proportionate interests in the following series of the Trust ( the “Fund”):

Timothy Plan Emerging Markets Fund

The Shares of the Fund are a separate series of the Trust consisting of one or more classes of shares, all as more fully described in the applicable Prospectus and Statement of Additional Information of the Fund, as contained in the Trust’s post effective amendment # 49 to its Registration Statement on Form N-1A (“PEA#49”).

I have examined forms of the Trust’s Declaration of Trust, By-Laws, the Prospectuses and Statements of Additional Information and such other documents, records and certificates, including the full contents of PEA # 49, as deemed necessary for the purposes of this opinion. All documents reviewed by me that were provided as copies, and not in original form, have been presumed by me to be genuine, and I did not conduct any independent inquiry to determine the authenticity of any such document.

Based on the foregoing, I am of the opinion that the Shares of each Fund, when issued, delivered and paid for in accordance with the terms of the then current Prospectus and Statement of Additional Information, will be legally issued, fully paid, and non-assessable by the Trust. Further, I give my permission to include this opinion as an exhibit to the Trust’s PEA # 49.

Very Truly Yours,

David D. Jones

Attorney & Counselor at Law