U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of Issuer:
CMA Connecticut Municipal Money Fund of
CMA Multi-State Municipal Series Trust
P.O. Box 9011
Princeton, N.J. 08543-9011
2. Name of each series or class of funds for which this notice
is filed:
CMA Connecticut Municipal Money Fund
3. Investment Company Act File Number: 811-5011
Securities Act File Number: 33-38833
4. Last day of fiscal year for which this notice is filed:
March 31, 1997
5. Check box if this notice is being filed more than 180 days
after the close of the issuer's fiscal year for purposes of
reporting securities sold after the close of the fiscal year
but before termination of the issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule
24f-2(a)(1), if applicable :
7. Number and amount of securities of the same class or series
which had been registered under the Securities Act of 1933
other than pursuant to rule 24f-2 in a prior fiscal year,
but which remained unsold at the beginning of the
fiscal year:
None
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2:
None
9. Number and aggregate sale price of securities sold during
the fiscal year:
1,090,795,423 shares $1,090,795,423
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to
rule 24f-2:
1,090,795,423 shares $1,090,795,423
11. Number and aggregate sale price of securities issued during
the fiscal year in connection with dividend reinvestment
plans, if applicable :
8,579,691 shares $ 8,579,691
12. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 1,090,795,423
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 8,579,691
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $ 1,072,800,492
(iv) Aggregate price of shares redeemed
or repurchased and previously
applied as a reduction to
filing fees pursuant to rule
24e-2 (if applicable): + $0
(v) Net aggregate price of securities
sold and issued during the
fiscal year in reliance upon
rule 24f-2 [line (i), plus line (ii),
less line (iii), plus line (iv)]
(if applicable): $ 26,574,622
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/3300
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 8,052.92
13. Check box if fees are being remitted to the Commission's
lockbox depository as described in section 3a of the
Commission's Rules of Informal and Other Procedures
(17 CFR 202.3a).
[X]
Date of mailing or wire transfer of filing fees to the
Commission's lockbox depository:
May 22, 1997
SIGNATURES
This report has been signed below by the following persons
on behalf of the issuer and in the capacities and on the
dates indicated.
By
/s/Jaclyn Scheck
Jaclyn Scheck, Assistant Secretary
Date: May 22, 1997
Brown & Wood LLP
One World Trade Center
New York, N.Y. 10048-0557
Telephone: 212-839-5300
Facsimilie: 212-839-5599
May 23, 1997
CMA Multi-State Municipal Series Trust
P.O. Box 9011
Princeton, New Jersey 08543-9011
Ladies and Gentlemen:
This opinion is furnished in connection with the notice (the
"Notice") to be filed by CMA Multi-State Municipal Series Trust,
a Massachusetts business trust (the "Trust"), with the Securities
and Exchange Commission pursuant to Rule 24f-2 under the
Investment Company Act of 1940, as amended. The Notice is being
filed to make definite the registration under the Securities Act
of 1933, as amended, of 19,485,338,841 shares of beneficial
interest, par value $0.10 per share, of the Trust (the "Shares")
which were sold during the Trust's fiscal year ended March 31,
1997. The shares comprise 811,252,304 shares of CMA Arizona
Municipal Money Fund (the "Arizona Fund"), 6,159,698,384 shares
of CMA California Municipal Money Fund (the "California Fund"),
1,090,795,423 shares of CMA Connecticut Municipal Money Fund (the
"Connecticut Fund"), 725,445,153 shares of CMA Massachusetts
Municipal Money Fund (the "Massachusetts Fund"), 1,147,127,624
shares of CMA Michigan Municipal Money Fund (the "Michigan
Fund"), 2,177,998,397 shares of CMA New Jersey Municipal Money
Fund (the "New Jersey Fund"), 4,110,518,531 shares of CMA New
York Municipal Money Fund (the "New York Fund"), 744,197,753
shares of CMA North Carolina Municipal Money Fund (the "North
Carolina Fund"), 1,162,499,097 shares of CMA Ohio Municipal Money
Fund (the "Ohio Fund") and 1,355,806,175 shares of CMA
Pennsylvania Municipal Money Fund (the "Pennsylvania Fund").
As counsel for the Trust, we are familiar with the
proceedings taken by it in connection with the authorization,
issuance and sale of the Shares. In addition, we have examined
and are familiar with the Declaration of Trust of the Trust, the
By-Laws of the Trust and such other documents as we have deemed
relevant to the matters referred to in this opinion.
Based upon the foregoing, we are of the opinion that the
Shares were legally issued, fully paid and non-assessable, except
that shareholders of the Trust may under certain circumstances be
held personally liable for the Trust's obligations.
In rendering this opinion, we have relied as to matters of
Massachusetts law upon an opinion of Bingham, Dana & Gould, LLP,
dated May 22, 1997, rendered to the Trust.
We hereby consent to the filing of this opinion with the
Securities and Exchange Commission as an attachment to the
Notice.
Very truly yours,
/s/ Brown & Wood LLP
