RULE 24f-2 NOTICE
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Registration of Securities Pursuant to Rule 24f-2
Colorado BondShares - A Tax-Exempt Fund
1933 Act No. 33-11981
1940 Act No. 811-5001
Ladies and Gentlemen:
On behalf of the above entitled issuer, I advise you as follows:
1. This Notice is filed for the fiscal year ended September 30,
1995.
2. No securities of the issuer have been registered under the
Securities Act of 1933 other than under Rule 24f-2. All securities
sold by the issuer have been sold in reliance upon Rule 24f-2.
3. The table attached provides the number of shares sold (exclusive of
stock dividends not deemed to be sales), the aggregate sales price
of the shares sold, the number of shares redeemed, the aggregate
redemption price and the aggregate net sales price for each of the
Issuer's Portfolios for the fiscal year ended September 30, 1995.
4. Credit balance on file in account 0000810744 for restricted fees in
the amount of $876.84 based upon the net sales shown in the
net sales shown in the attached table.
5. Also attached hereto is a legal opinion that all shares sold during
the fiscal year were legally issued, fully paid, and nonassessable.
Dated: November 28, 1995 Colorado BondShares - A Tax-Exempt Fund
By:----------------------------
Fred R. Kelly, Jr.
President
<PAGE>
COLORADO BONDSHARES - A TAX-EXEMPT FUND
FISCAL YEAR SEPTEMBER 30, 1995
SHARES AGGREGATE SHARES AGGREGATE AGGREGATE
SOLD SALES REDEEMED REDEMPTION NET SALES
- - -------- --------- -------- ----------- -----------
937,832.309 $8,510,144.00 657,433.308 $5,967,320.94 $2,542,823.06
=========== ============ =========== ============ ============
KUTAK ROCK
A PARTNERSHIP
INCLUDING PROFESSIONAL CORPORATIONS
SUITE 2900
717 SEVENTEENTH STREET
DENVER, COLORADO 80202-3329
NOVEMBER 28, 1995
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: RULE 24F-2
SEC File No. 33-11981
Colorado BondShares - A Tax-Exempt Fund
To Whom It May Concern:
We have reviewed the books and procedures of Colorado BondShares-A
Tax-Exempt Fund (the "Fund") and representations of the Fund and on the basis
thereof it is our opinion that during the fiscal year ended September 30, 1995,
937,832.309 shares were issued by the Fund and 657,433.308 shares were redeemed
by the Fund for net sales of $2,542,823.06. Each of the shares sold was legally
issued, fully paid and non-assessable. The Securities and Exchange Commission is
authorized to use our representations made in this letter for any purpose they
deem necessary.
Sincerely,
KUTAK ROCK
