Common Contracts
2 similar null contracts by Franklin California Tax Free Income Fund, Franklin Federal Tax Free Income Fund
December 2, 2016Franklin Federal Tax Free Income Fund • December 7th, 2016
In rendering our opinion, we have reviewed and relied upon: (a) a copy of the executed Plan, dated as of November 7, 2016; (b) the prospectus/proxy statement provided to shareholders of the Target Fund in connection with a Special Meeting of Shareholders on November 7, 2016; (c) certain representations concerning the Reorganization made to us by the Acquiring Fund and FTFT, on behalf of the Target Fund, in a letter dated December 2, 2016 (the “Representation Letter”); (d) all other documents, financial and other reports and corporate minutes we deemed relevant or appropriate; and (e) such statutes, regulations, rulings and decisions as we deemed material in rendering this opinion.
October 28, 2016Franklin California Tax Free Income Fund • November 8th, 2016
You have requested our opinion as to certain federal income tax consequences of the reorganization (hereinafter referred to as the “Reorganization”) of the Target Fund, which
