Exhibit (i)(1)
November 30, 2000
Artisan Funds, Inc.
1000 North Water Street
Milwaukee, Wisconsin 53202
RE: Artisan Mid Cap Value Fund Investor Shares
Ladies and Gentlemen:
We have acted as Wisconsin corporate counsel for you in connection with the
sale by you of an indefinite number of Artisan Mid Cap Value Fund Investor
Shares (the "Mid Cap Shares") of Artisan Funds, Inc. (the "Company") in the
manner set forth in Post-Effective Amendment No. 16 to the Company's
Registration Statement on Form N-1A (the "Registration Statement"). In
connection with this opinion, we have reviewed: (i) Amendment No. 16 to the
Registration Statement; (ii) the Company's Amended and Restated Articles of
Incorporation, as amended, and By-Laws; (iii) corporate proceedings relative to
the authorization for issuance of the Mid Cap Shares; and (iv) such other
proceedings, documents and records as we have deemed necessary to enable us to
render this opinion.
Based upon the foregoing, we are of the opinion that the Mid Cap Shares,
when sold as contemplated in Amendment No. 16 to the Registration Statement,
shall be duly authorized, validly issued, fully paid and non-assessable, except
to the extent provided in Section 180.0622(2)(b) of the Wisconsin Business
Corporation Law, as interpreted by courts of competent jurisdiction, or any
successor provision to said Section 180.0622(2)(b).
We hereby consent to the use of this opinion as an exhibit to Amendment No.
16 to the Registration Statement. In giving this consent, however, we do not
admit that we are experts within the meaning of Section 11 of the Securities Act
of 1933, as amended, or within the category of persons whose consent is required
by Section 7 of said Act.
Very truly yours,
/s/ Godfrey & Kahn, S.C.
GODFREY & KAHN, S.C.
