EX-99.23.i.i
J. W. BROWN (1911-1995) BROWN, CUMMINS & BROWN CO., L.P.A.
JAMES R. CUMMINS ATTORNEYS AND COUNSELORS AT LAW JOANN M. STRASSER
ROBERT S BROWN 3500 CAREW TOWER AARON A. VANDERLAAN
DONALD S. MENDELSOHN 441 VINE STREET LAWRENCE A. ZEINNER
LYNNE SKILKEN Cincinnati, Ohio 45202
AMY G. APPLEGATE TELEPHONE (513) 381-2121 OF COUNSEL
KATHRYN KNUE PRZYWARA TELECOPIER (513) 381-2125 GILBERT BETTMAN
MELANIE S. CORWIN (1918 - 2000)
October 12th, 2000
AmeriPrime Advisors Trust
1793 Kingswood Drive
Southlake, Texas 76092
RE: AmeriPrime Advisors Trust, File Nos. 333-85083 and 811-09541
Gentlemen:
This letter is in response to your request for our opinion in
connection with the filing of the Post-Effective Amendment No. 13 to the
Registration Statement of the AmeriPrime Advisers Trust (the "Trust".)
We have examined a copy of the Trust's Agreement and Declaration of
Trust, the Trust's By-Laws, the Trust's record of the various actions by the
Trustees thereof, and all such agreements, certificates of public officials,
certificates of officers and representatives of the Trust and others, and such
other documents, papers, statutes and authorities as we deem necessary to form
the basis of the opinion hereinafter expressed. We have assumed the genuineness
of the signatures and the conformity to original documents of the copies of such
documents supplied to us as original or photostat copies.
Based upon the foregoing, we are of the opinion that after
Post-Effective Amendment No. 13 is effective for purposes of federal and
applicable state securities laws, the shares of Chameleon Market Rotation Fund,
Cloud, Neff Capital Appreciation Fund, Enhans Master Investor Fund, Enhans RT
500 Fund, Master High Yield Income Fund, Monteagle Fixed Income Fund, Monteagle
Large Cap Fund, Monteagle Opportunity Growth Fund, Monteagle Value Fund,
MutualMinds.com Diversified Growth Fund, MutualMinds.com New Economy Fund,
MutualMinds.com Small Cap Growth Fund, Paragon Strategic Ascent Fund, Paragon
Dynamic Fortress Fund, StoneRidge Bond Fund, StoneRidge Equity Fund and
StoneRidge Small Cap Equity Fund, series of the Trust, if issued in accordance
with the then current Prospectus and Statement of Additional Information of the
applicable Fund, will be legally issued, fully paid and non-assessable.
We herewith give you our permission to file this opinion with the
Securities and Exchange Commission as an exhibit to Post-Effective Amendment No.
13 to the Registration Statement.
Very truly yours,
/s/
Brown, Cummins & Brown Co., L.P.A.
