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January 26, 1994
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Attention: Document Control - EDGAR
RE: Rule 24f-2 Notice for
IDS Equity Plus Fund, Inc.
SEC File No. 2-13188/811-772
Commissioners:
[i] In accordance with the provisions of Rule 24f-2, IDS Equity
Plus Fund, Inc. hereby files its Rule 24f-2 Notice for the
fiscal year ended November 30, 1993 ("Fiscal Year").
[ii] Amount of securities registered other
than under 24f-2 which were unsold at
the beginning of the fiscal year $334,027,939
[iii] Amount of securities registered during
the fiscal year other than under 24f-2** $ 0
[iv] Amount of securities sold during the
fiscal year*** $ 80,062,980
[v] Amount of securities sold pursuant to 24f-2 $ 0
[vi] Fee $0 X 0.0003448 equals $ 0
* 27,789,346 shares X $12.02 on January 19, 1994
** 0 shares X $12.02 on January 19, 1994
*** Sales of $134,943,020 minus redemptions of $54,880,040
Enclosed please find an opinion of counsel.
If there are any questions, please contact the undersigned.
Very truly yours,
IDS EQUITY PLUS FUND, INC.
Leslie L. Ogg
Vice President, General Counsel & Treasurer
LLO/smb
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EXHIBIT INDEX
(b)(10) OPINION OF COUNSEL
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January 26, 1994
IDS Equity Plus Fund, Inc.
IDS Tower 10
Minneapolis, MN 55440-0010
Gentlemen:
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 November 30, 1993, 51,294,444 shares were
issued and outstanding;
(b) That all 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 registered on December 14, 1978, an
indefinite number of shares pursuant to Rule 24f-2 and is
herewith filing a Rule 24f-2 Notice covering the shares sold
during its 1993 Fiscal Year; and
(d) That shares which were sold at not less than their par value
and in accordance with applicable federal and state
securities laws were legally issued, fully paid and
nonassessable.
I hereby consent that the foregoing opinion may be used in
connection with the Rule 24f-2 Notice.
Very truly yours,
Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, MN 55402-3268
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