USAA MUTUAL FUND INC
485BPOS, EX-99.I, 2000-10-27
Previous: USAA MUTUAL FUND INC, 485BPOS, EX-99.H, 2000-10-27
Next: USAA MUTUAL FUND INC, 485BPOS, EX-99.J, 2000-10-27



                                 EXHIBIT 9(h)
<PAGE>
                          GOODWIN, PROCTER & HOAR LLP

                               COUNSELLORS AT LAW
                                 EXCHANGE PLACE
                        BOSTON, MASSACHUSETTS 02109-2881
                                                       TELEPHONE (617) 570-1000
                                                      TELECOPIER (617) 523-1231


                                October 24, 2000


USAA Mutual Fund, Inc.
USAA Building
9800 Fredericksburg Road
San Antonio, Texas  78288-0227

Ladies and Gentlemen:

         We hereby consent to the reference in Post-Effective  Amendment No. 55
(the "Amendment") to the Registration Statement (No. 2-49560) on Form N-1A (the
"Registration  Statement")  of USAA Mutual Fund,  Inc.  (the  "Registrant"),  a
Maryland  corporation,  to our  opinions  with  respect to the  legality of the
shares of the  Registrant  representing  interests  in the S&P 500 Index  Fund,
which  opinion  was  filed  with   Post-Effective   Amendment  No.  53  to  the
Registration Statement.

         We also hereby  consent to the reference to this firm in the statement
of  additional  information  under the heading  "General  Information--Counsel"
which  forms a part of the  Amendment  and to the filing of this  consent as an
exhibit to the Amendment.

                                            Very truly yours,

                                             /s/GOODWIN, PROCTER & HOAR  LLP

                                                GOODWIN, PROCTER & HOAR  LLP

C:\NrPortbl\LibC\SZS\1037296.1
<PAGE>
                                 EXHIBIT 9(i)
<PAGE>
                          GOODWIN, PROCTER & HOAR LLP
                               COUNSELLORS AT LAW
                                 EXCHANGE PLACE
                        BOSTON, MASSACHUSETTS 02109-2881
                                                       TELEPHONE (617) 570-1000
                                                      TELECOPIER (617) 523-1231

                                October 24, 2000

USAA Mutual Fund, Inc.
USAA Building
9800 Fredericksburg Road
San Antonio, TX  78288

Ladies and Gentlemen:

         As counsel to USAA  Mutual  Fund,  Inc.  (the  "Company"),  a Maryland
corporation,  we have been  asked to render  our  opinion  with  respect to the
issuance of shares of capital stock,  $.01 par value per share, of the Extended
Market Index Fund,  NASDAQ-100 Index Fund, Global Titans Index Fund and Capital
Growth Fund (the  "Shares"),  each of which is a class of capital  stock of the
Company which has been established and designated in the Company's  Articles of
Incorporation and Articles  Supplementary to the Articles of Incorporation,  as
amended  (collectively,  the  "Articles"),  all as more fully  described in the
Prospectus   and  the   Statement  of  Additional   Information   contained  in
Post-Effective Amendment No. 55 (the "Amendment") to the Registration Statement
(No.  2-49560) on Form N-1A (the  "Registration  Statement") to be filed by the
Company with the Securities and Exchange Commission.

         We have examined the Articles, the By-Laws of the Company, as amended,
the  minutes of certain  meetings  of and  resolutions  adopted by the Board of
Directors  of  the  Company,   the   Prospectus  and  Statement  of  Additional
Information  contained in the Amendment and such other  documents,  records and
certificates as we deemed necessary for the purposes of this opinion.

         Based upon the foregoing,  and assuming that not more than (i) 100,000
Shares of the Extended Market Index Fund, (ii) 100,000 Shares of the NASDAQ-100
Index  Fund,  (iii)  100,000  Shares of the Global  Titans  Index Fund and (iv)
100,000 Shares of the USAA Capital  Growth Fund will be issued and  outstanding
at any time,  we are of the opinion  that the Shares,  when sold in  accordance
with the  terms of the  Prospectus  and  Statement  of  Additional  Information
relating  to such  Shares in effect  at the time of the sale,  will be  legally
issued, fully paid and non-assessable.

         We also hereby  consent to the  reference to the firm in the Statement
of  Additional  Information  under the heading  "General  Information--Counsel"
which  forms a part of the  Amendment  and the  filing  of this  opinion  as an
exhibit to the Amendment.

                                            Very truly yours,

                                             /s/GOODWIN, PROCTER & HOAR LLP

                                                GOODWIN, PROCTER & HOAR LLP

<PAGE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission