EX-99.I 3 exi.txt BRUSSELS (LOGO CHICAGO FOLEY - LARDNER DENVER ATTORNEYS AT LAW DETROIT JACKSONVILLE LOS ANGELES MADISON MILWAUKEE ORLANDO SACRAMENTO SAN DIEGO/DEL MAR SAN FRANCISCO TALLAHASSEE TAMPA WASHINGTON, D.C. WEST PALM BEACH April 29, 2002 Van Wagoner Funds, Inc. 345 California Street Suite 2450 San Francisco, CA 94104 Ladies and Gentlemen: We have acted as counsel for you in connection with the preparation of an Amended Registration Statement on Form N-1A relating to the sale by you of an indefinite amount of Van Wagoner Funds, Inc. Common Stock (such Common Stock being hereinafter referred to as the "Stock") in the manner set forth in the Amended Registration Statement to which reference is made. In this connection we have examined: (a) the Amended Registration Statement on Form N-1A; (b) your Articles of Incorporation and Bylaws, as amended to date; (c) corporate proceedings relative to the authorization for issuance of the Stock; and (d) 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 shares of Stock when sold as contemplated in the Amended Registration Statement will be legally issued, fully paid and nonassessable We hereby consent to the use of this opinion as an exhibit to the Amended Registration Statement on Form N-1A. In giving this consent, 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. Sincerely, FOLEY & LARDNER By /s/Richard L. Teigen Richard L. Teigen FOLEY & LARDNER CLIENT/MATTER NUMBER 777 EAST WISCONSIN AVENUE, SUITE 3800 042012-0101 MILWAUKEE, WISCONSIN 53202-5367 TEL: 414.271.2400 FAX: 414.297.4900 WWW.FOLEYLARDNER.COM