EX-99.I 3 d7594599_ex99-i.htm

 

Exhibit (i)

 

SEWARD & KISSEL LLP

901 K Street, N.W.

Suite 800

Washington, DC 20001

 

Telephone: (202) 737-8833

Facsimile: (202) 737-5184

www.sewkis.com

 

 

 

  August 28, 2017

 

 

 

 

AB Bond Fund, Inc.

1345 Avenue of the Americas

New York, New York 10105

 

Ladies and Gentlemen:

 

We have acted as counsel for AB Bond Fund, Inc., a Maryland corporation (the “Company”), in connection with the registration under the Securities Act of 1933, as amended (the “Securities Act”), of an indefinite number of shares of Class 1 Common Stock of the Company’s AB Government Reserves Portfolio (the “Portfolio”), par value $.001 per share (the “Shares”). The Company is registered under the Investment Company Act of 1940, as amended, as an open-end management investment company.

As counsel for the Company, we have participated in the preparation of the Post-Effective Amendment to the Company’s Registration Statement on Form N-1A relating to the Portfolio to be filed with the Securities and Exchange Commission (the “Commission”) to become effective on August 31, 2017, pursuant to paragraph (b) of Rule 485 under the Securities Act (as so amended, the “Registration Statement”) in which this letter is included as Exhibit (i). We have examined the Charter and By-laws of the Company and applicable amendments and supplements thereto and have relied upon such corporate records of the Company and such other documents and certificates as to factual matters as we have deemed to be necessary to render the opinion expressed herein.

Based on such examination, we are of the opinion that the Shares to be offered for sale pursuant to the Registration Statement are, to the extent of the number of Shares of the Portfolio authorized to be issued by the Company in its Charter, duly authorized, and, when sold, issued and paid for as contemplated by the Registration Statement, will have been validly issued and will be fully paid and nonassessable under the laws of the State of Maryland.

 

 
 

 

AB Bond Fund, Inc.
August 28, 2017
Page 2

We do not express an opinion with respect to any laws other than laws of Maryland applicable to the due authorization, valid issuance and non-assessability of shares of common stock of corporations formed pursuant to the provisions of the Maryland General Corporation Law. Accordingly, our opinion does not extend to, among other laws, the federal securities laws or the securities or “blue sky” laws of Maryland or any other jurisdiction. Members of this firm are admitted to the bars of the State of New York and the District of Columbia.

We hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement and to the reference to our firm under the caption “General Information-Counsel” in the Part B thereof.

 

 

Very truly yours,

 

 

 

/s/ Seward & Kissel LLP