Form 485BPOS NORTHERN LIGHTS FUND
Alston&Bird llp
The Atlantic Building
950 F Street, NW
Washington, DC 20004-1404
202-756-3300
Fax:202-756-3333
www.alston.com
David J. Baum Direct Dial: 202-239-3346 E-mail: [email protected]
September 28, 2021
Northern Lights Fund Trust II
4221 North 203rd Street, Suite 100
Elkhorn, NE 68022
Re: | Opinion of Counsel regarding Post-Effective Amendment No. 512 to Northern Lights Fund Trust II’s Registration Statement Filed on Form N-1A under the Securities Act of 1933 (File No. 333-174926) |
We have acted as counsel to Northern Lights Fund Trust II, a Delaware statutory trust (the “Trust”), in connection with the filing of Post-Effective Amendment No. 512 to the Trust’s Registration Statement (“Post-Effective Amendment No. 512”) with the U.S. Securities and Exchange Commission (“SEC”) pursuant to Rule 485(b) under the Securities Act of 1933, as amended (the “1933 Act”), registering an indefinite number of units of beneficial interest (“Shares”) of Class I shares of the Essential 40 Stock Fund, a series of the Trust (the “Fund”).
You have requested our opinion as to the matters set forth below in connection with the filing of the Post-Effective Amendment No. 512. In connection with rendering that opinion, we have examined the Post-Effective Amendment No. 512, the Declaration of Trust and any amendments thereto, the Certificate of Trust of the Trust, the Trust’s Bylaws, the actions of the Trustees of the Trust that authorize the approval of the foregoing documents, securities matters and the issuance of the Shares, and such other documents as we, in our professional opinion, have deemed necessary or appropriate as a basis for the opinion set forth below. In examining the documents referred to above, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of documents purporting to be originals and the conformity to originals of all documents submitted to us as copies. As to questions of fact material to our opinion, we have relied (without investigation or independent confirmation) upon the representations contained in the above-described documents.
Our opinion, as set forth herein, is based on the facts in existence and the laws in effect on the date hereof and is limited to the federal laws of the United States of America and the Delaware Statutory Trust Act. We express no opinion with respect to any other laws.
Atlanta • Brussels • Charlotte • Dallas • Los Angeles • New York • Research Triangle • Silicon Valley • Ventura County • Washington, D.C.
LEGAL02/41088667v1
Page 2
Based upon and subject to the foregoing and the qualifications set forth below, we are of the opinion that:
1. | The Shares of the Fund to be issued pursuant to the Post-Effective Amendment No. 512 have been duly authorized for issuance by the Trust. |
2. | When issued and paid for upon the terms provided in the Post-Effective Amendment No. 512, subject to compliance with the 1933 Act, the Investment Company Act of 1940, as amended, and all other laws relating to the sale of securities, the Shares of the Fund to be issued pursuant to the Post-Effective Amendment No. 512 will be validly issued, fully paid and non-assessable. |
This opinion is rendered solely for your use in connection with the filing of the Post-Effective Amendment No. 512. We hereby consent to the filing of this opinion with the SEC in connection with Post-Effective Amendment No. 512.
Sincerely,
ALSTON & BIRD LLP
By:_ /s/David J. Baum____
A Partner
CONSENT OF ALSTON & BIRD, LLP, COUNSEL FOR THE REGISTRANT
We hereby consent to the use of our name and the references to our firm under the caption “Legal Counsel” included in or made a part of Post-Effective Amendment No. 512 to the Registration Statement of Northern Lights Fund Trust II on Form N-1A under the Securities Act of 1933, as amended.
Alston & Bird LLP
By: /s/ David J. Baum
A Partner
Washington, DC
September 28, 2021
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in this Registration Statement (No. 333-174926) on Form N-1A of Essential 40 Stock Fund, a series of the Northern Lights Fund Trust II, of our report dated July 30, 2021, relating to our audit of the financial statements and financial highlights, which appear in the May 31, 2021 Annual Report to Shareholders which are also incorporated by reference into the Registration Statement.
We also consent to the references to our Firm under the captions “Financial Highlights”, “Independent Registered Public Accounting Firm”, “Other Service Providers”, and “Portfolio Holdings Information” in such Registration Statement.
/s/ RSM US LLP
Denver, Colorado
September 24, 2021
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Happy Belly's HEAL Wellness QSR Announces the Signing of its 25th Franchise and First Enclosed Mall Location
- Hard Asset Management Launches 'The Hard Asset Money Show' on YouTube
- DigitalOptometrics Surpasses 2 Million Remote Eye Exams, Marking a Major Milestone in Remote Eyecare
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!