NORTH CAROLINA DAILY MUNICIPAL INCOME FUND INC
485BPOS, EX-99.I.2, 2000-12-29
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                               CONSENT OF COUNSEL




                  We consent to the reference to our Firm under the heading
"Counsel and Independent Accountants" in Post-Effective Amendment No. 12 to the
Registration Statement on Form N-1A of North Carolina Daily Municipal Income
Fund, Inc. as filed with the Securities and Exchange Commission on December 29,
2000.








PAUL, HASTINGS, JANOFSKY & WALKER LLP


/S/ Paul, Hastings, Janofsky & Walker LLP

New York, New York

December 29, 2000




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