EX-5 5 legalopinion.htm LEGAL OPINION AND CONSENT OF ATTORNEY PARSONS LAW FIRM

PARSONS LAW FIRM

500 108th Avenue NE

Bellevue, WA 98004

(425) 451-8036     FAX (425) 451-8568

email firm-info(parsonslaw.biz

James B. Parsons*                                                                                                                                    *Also admitted in Oregon and

jparsons@parsonslaw.biz                                                                                                                        the Northern Mariana Islands

 

Robert J. Burnett**                                                                                                                                    **LL.M. in Taxation

rburnett@parsonslaw.biz

 

February 28, 2002

 

Board of Directors

Dynasty International Corporation

Sherwood Park, Alberta

 

Dear Gentlemen:

In my capacity as counsel for Dynasty International Corporation (the "Company"), I have participated in the corporate proceedings relative to the authorization and issuance by the Company of a maximum of 600,000 shares of common stock as set out and described in the Company's Registration Statement on Form SB-2 under the Securities Act of 1933 (the "Registration Statement"). I have also participated in the preparation and filing of the Registration Statement.

 

Based upon the foregoing and upon my examination of originals (or copies certified to our satisfaction) of such corporate records of the Company and other documents as I have deemed necessary as a basis for the opinions hereinafter expressed, and assuming the accuracy and completeness of all information supplied me by the Company, having regard for the legal considerations which I deem relevant, I am of the opinion that:

(1) The Company is a corporation duly organized and validly existing under the laws of the State of Nevada;

(2) The Company has taken all requisite corporate action and all action required with respect to the authorization, issuance and sale of common stock to be issued pursuant to the Registration Statement;

(3) The maximum of 600,000 shares of common stock, when issued and distributed pursuant to the Registration Statement, will be validly issued, fully paid and nonassessable.

I hereby consent to the use of this opinion as an exhibit to the Registration Statement and to the references to my firm in the Registration Statement.

Yours very truly,

PARSONS LAW FIRM

 

James B. Parsons