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:
Merrill Lynch Multi-State Municipal Series Trust:
Merrill Lynch Colorado Municipal Bond Fund
P.O. Box 9011
Princeton, N.J. 08543-9011
2. Name of each series or class of funds for which this notice
is filed:
Merrill Lynch Colorado Municipal Bond Fund - Class A
Merrill Lynch Colorado Municipal Bond Fund - Class B
Merrill Lynch Colorado Municipal Bond Fund - Class C
Merrill Lynch Colorado Municipal Bond Fund - Class D
3. Investment Company Act File Number: 811-4375
Securities Act File Number: 33-50051
4. Last day of fiscal year for which this notice is filed:
July 31, 1996
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:
0 shares
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2:
0 shares
9. Number and aggregate sale price of securities sold during
the fiscal year:
767,753 shares $7,335,316
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to
rule 24f-2:
767,753 shares $7,335,316
11. Number and aggregate sale price of securities issued during
the fiscal year in connection with dividend reinvestment
plans, if applicable :
56,414 shares $ 537,485
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): $7,335,316
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 537,485
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $6,467,031
(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), $1,405,770
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $484.75
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:
September 21, 1996
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 September 21, 1996
September 24, 1996
Merrill Lynch Multi-State Municipal Series Trust
P.O. Box 9011
Princeton, New Jersey 08543-9011
Dear Sir or Madam:
This opinion is furnished in connection with
the notice (the "Notice") to be filed by Merrill Lynch
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 11,316,957 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
July 31, 1996. The Shares consist of 986,390 shares
of beneficial interest of Merrill Lynch Pennsylvania
Municipal Bond Fund (the "Pennsylvania Fund");
266,892 shares of beneficial interest of Merrill Lynch
New Jersey Municipal Bond Fund (the "New Jersey
Fund"); 2,147,650 shares of beneficial interest of
Merrill Lynch Florida Municipal Bond Fund (the
"Florida Fund"); 1,200,134 shares of beneficial
interest of Merrill Lynch Ohio Municipal Bond Fund
(the "Ohio Fund"); 240,664 shares of beneficial
interest of the Merrill Lynch Arizona Municipal Bond
Fund (the "Arizona Fund"); 479,662 shares of
beneficial interest of the Merrill Lynch North Carolina
Municipal Bond Fund (the "North Carolina Fund");
1,774,823 shares of beneficial interest of the Merrill
Lynch Michigan Municipal Bond Fund (the "Michigan
Fund"); 208,865 shares of beneficial interest of the
Merrill Lynch Oregon Municipal Bond Fund (the
"Oregon Fund"); 1,430,784 shares of beneficial
interest of the Merrill Lynch Connecticut Municipal
Bond Fund (the "Connecticut Fund"); 1,035,759
shares of beneficial interest of the Merrill Lynch
Maryland Municipal Bond Fund (the "Maryland
Fund"); 532,204 shares of beneficial interest of
the Merrill Lynch New Mexico Municipal Bond Fund
(the "New Mexico Fund"); 767,753 shares of
beneficial interest of the Merrill Lynch Colorado
Municipal Bond Fund (the "Colorado Fund"); and
245,377 shares of beneficial interest of the Merrill
Lynch Arkansas Municipal Bond Fund (the
"Arkansas Fund"). The Pennsylvania, New Jersey,
Florida, Minnesota, Massachusetts, Texas, Ohio,
Arizona, North Carolina, Michigan, Oregon,
Connecticut, Maryland, New Mexico, Colorado and
Arkansas Funds comprise 16 of the 17 series of the
Trust currently offering their shares to the public.
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.
In rendering this opinion, we have relied as to
matters of Massachusetts law upon an opinion of
Bingham, Dana & Gould, dated September 19, 1996,
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,
