UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	March 3, 2010 4:15 P.M.

Form:	N-1A
CIK: 0001477597 Company Name: Papp Investment Trust File Number: 333-163423 REFERENCED SERIES/CLASSES (CONTRACTS) Series ID Class/Contract Name S000027941 Papp Small & Mid-Cap Growth Fund C000084913 Papp Small & Mid-Cap Growth Fund