Exhibit 5.1
Thompson Hine & Flory LLP
2000 Courthouse Plaza, N.E.
10 West Second Street
Dayton, OH 45402
(937) 443-6600
October 25, 2000
TBC Corporation
4770 Hickory Hill Road
Memphis, Tennessee 38141
Ladies and Gentlemen:
We have acted as counsel to TBC Corporation, a Delaware corporation (the
"Company"), in connection with the TBC Corporation 2000 Stock Option Plan (the
"Plan") and the preparation of the Company's Registration Statement on Form S-8
being filed with the Securities and Exchange Commission in connection therewith.
Please be advised that we have examined such proceedings and records of the
Company, and have made investigation of such other matters, as in our judgment
permit us to render an informed opinion on the matters set forth herein.
Based upon the foregoing, it is our opinion that the shares of Common Stock of
the Company offered under the Plan have been duly authorized and, when issued in
accordance with the terms of the Plan, will be legally issued, fully paid and
non-assessable.
We consent to the use of this opinion as an exhibit to the Company's
Registration Statement on Form S-8 with respect to the Plan.
Very truly yours,
/s/ Thompson Hine & Flory LLP
SSN:JMR:lsh
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