IDS TAX FREE MONEY FUND INC
485B24E, 1994-02-23
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                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
                                Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933          

Pre-Effective Amendment No. _____                                

Post-Effective Amendment No.  25   (File Number 2-66868)           X   

                                   and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940  

Amendment No.  26    (File Number 811-3003)                        X   

IDS TAX-FREE MONEY FUND, INC.
IDS Tower 10, Minneapolis, Minnesota  55440-0010
Leslie L. Ogg, 109 S. Seventh St., Minneapolis, MN 55402
(612) 671-3717

Approximate Date of Proposed Public Offering:

It is proposed that this filing will become effective (check
appropriate box)
 x   immediately upon filing pursuant to paragraph (b)
_____on (date) pursuant to paragraph (b) of rule 485
_____60 days after filing pursuant to paragraph (a)
_____on (date) pursuant to paragraph (a) of rule 485
<TABLE>
<CAPTION>
_______________________________________________________________________________
                                     Proposed       Proposed      
Title of                             Maximum        Maximum       
Securities           Amount          Offering       Aggregate      Amount of
Being                Being           Price per      Offering       Registration
Registered           Registered      Unit1          Price2         Fee         
<S>                  <C>             <C>             <C>            <C>       
Capital Stock                                                     
of $.01 par                             
value per share      Indefinite*     N/A             N/A            N/A

Capital Stock
of $.01 par
value per share      23,602,200      $1.00           $23,602,200    $100
_______________________________________________________________________________
<FN>
*Registrant has registered an indefinite number or amount of
securities under the Securities Act of 1933 pursuant to Rule 24f-2
under the Investment Company Act of 1940.  The Rule 24f-2 Notice
for Registrant's most recent fiscal year ended Dec. 31, 1993 was
filed on Feb. 25, 1994.

1.   Computed under Rule 457(d) on the basis of the offering price
per share at the close of business on February 18, 1994.

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2.   Registrant elects to calculate the maximum aggregate offering
price pursuant to Rule 24e-2.  $233,790,673 of shares was redeemed
during the fiscal year ended Dec. 31, 1993.  $210,470,473 of shares
was used for reductions pursuant to paragraph (c) of Rule 24f-2
during the current year.  $23,312,200 of shares is the amount of
redeemed shares used for reduction in this amendment.
</TABLE>
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                            SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, IDS Tax-Free Money
Fund, Inc., certifies that it meets all the requirements for
effectiveness of this Amendment to its Registration Statement
pursuant to Rule 485(b) under the Securities Act of 1933 and 
has duly caused this Amendment to its Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized,
in the City of Minneapolis and the State of Minnesota on the 23rd
day of February, 1994.


IDS TAX-FREE MONEY FUND, INC.


By /s/  Robert F. Froehlke**
        Robert F. Froehlke, President

Pursuant to the requirements of the Securities Act of 1933, this
Amendment to its Registration Statement has been signed below by
the following persons in the capacities indicated on the 23rd day
of February, 1994.

Signature                              Capacity


/s/  Robert F. Froehlke*               President,
     Robert F. Froehlke                Principal Executive
                                       Officer and Director

/s/  Leslie L. Ogg*                    Treasurer, Principal
     Leslie L. Ogg                     Financial Officer and
                                       Principal Accounting Officer

/s/  William H. Dudley**               Director
     William H. Dudley


/s/  Richard G. Gray Sr.**             Director
     Richard G. Gray Sr.


/s/  Anne P. Jones**                   Director
     Anne P. Jones


/s/  Donald M. Kendall**               Director
     Donald M. Kendall


/s/  Melvin R. Laird**                 Director
     Melvin R. Laird


/s/  Lewis W. Lehr**                   Director
     Lewis W. Lehr

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Signature                              Capacity

/s/  William R. Pearce**               Director
     William R. Pearce


/s/  Aulana L. Peters**                Director
     Aulana L. Peters


/s/  Edson W. Spencer**                Director
     Edson W. Spencer


/s/  Jeffrey E. Stiefler**             Director
     Jeffrey E. Stiefler


/s/  John R.Thomas**                   Director
     John R. Thomas


/s/  Wheelock Whitney**                Director
     Wheelock Whitney


* Signed pursuant to Officers' Power of Attorney filed as Exhibit
17(b) on Form SE to Registrant's Post-Effective Amendment No. 16 by



_______________________________
Leslie L. Ogg

** Signed pursuant to Directors' Power of Attorney electronically
filed as Exhibit 17(a) as part of Registrant's Post-Effective
Amendment No. 20 by 


_______________________________
Leslie L. Ogg


EXHIBIT INDEX
(B)(10) OPINION OF COUNSEL



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February 23, 1994



IDS Tax-Free Money Fund, Inc.
IDS Tower 10
Minneapolis, MN  55440-0010

I have examined the Articles of Incorporation and the By-Laws of
the Company and all necessary certificates, permits, minute books,
documents and records of the Company, and the applicable statutes
of the State of Minnesota, and it is my opinion:

(a)  That the Company is a corporation duly organized and existing
     under the laws of the State of Minnesota with an authorized
     capital stock of 10,000,000,000 shares, all of $.01 par value,
     that such shares may be issued as full or fractional shares
     and that on Dec. 31, 1993, 115,613,175 shares were issued and
     outstanding;

(b)  That all of such authorized shares are, under the laws of the
     State of Minnesota, redeemable as provided in the Articles of
     Incorporation of the Company and upon redemption shall have
     the status of authorized and unissued shares;

(c)  That the Company now proposes to register an additional     
     23,602,000 shares by post-effective amendment, pursuant to
     Rule 24e-2 of the Investment Company Act of 1940, and that
     when sold at not less than their par value and in accordance
     with applicable federal and state securities laws such shares
     will be legally issued, fully paid and non-assessable.

I hereby consent that the foregoing opinion may be used in
connection with the post-effective amendment to your registration
statement to be filed by you pursuant to Section 24(e) of the
Investment Company Act of 1940, as amended for the purpose of
increasing the shares of capital stock, the securities specified
therein, as proposed to be offered.
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Very truly yours,



Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, MN  55402-3268

LLO/CW/cah
Exhibit 10



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