OPPENHEIMER LARGE CAP GROWTH FUND
N-18F1, 1998-07-01
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                            NOTIFICATION OF ELECTION
                            ------------------------


The undersigned registered, open-end, diversified, management investment company
hereby notifies the Securities and Exchange  Commission that it elects to commit
itself to pay in cash all  redemptions by a shareholder of record as provided by
Rule 18f-1 under the Investment  Company Act of 1940. It is understood that this
election is  irrevocable  while such Rule is in effect unless the  Commission by
order upon application permits the withdrawal of this Notification of Election.






                                    SIGNATURE
                                     -------

Pursuant to the  requirements of Rule 18f-1 under the Investment  Company Act of
1940,  the  registrant  has caused  this  notification  of  election  to be duly
executed  on its behalf in the city of New York and the state of New York on the
29th day of June, 1998.

                              OPPENHEIMER LARGE CAP GROWTH FUND
                              ------------------------------------------
                               Name of Registrant


                                   /s/ Robert G. Zack
                              By: _____________________________________
                                    Robert G. Zack, Assistant Secretary


ATTEST:


/s/ Katherine P. Feld
- -------------------------------------
Katherine P. Feld



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