Attached files
file | filename |
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EX-1.1 - EX-1.1 - OP Bancorp | d441280dex11.htm |
S-1/A - S-1/A - OP Bancorp | d441280ds1a.htm |
Exhibit 5.1
1000 Wilshire Boulevard Suite 1500 Los Angeles, CA 90017 213.891.0700 Phone 213.896.0400 Fax |
March 20, 2018
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: | OP Bancorp Registration Statement on Form S-1 |
Ladies and Gentlemen:
We have acted as counsel to OP Bancorp, a California corporation (the Company), in connection with the filing of a registration statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission under the Securities Act of 1933, as amended, relating to the registration of 2,300,000 shares of the Companys common stock, no par value (the Shares), which will be issued and sold by the Company.
In connection with this opinion, we have examined and relied upon the Registration Statement and related prospectus, the Companys Articles of Incorporation and Amended and Restated Bylaws, as currently in effect, and the originals or copies certified to our satisfaction of such other records, documents, certificates, memoranda, and other instruments as we deem necessary or appropriate to enable us to render the opinion expressed below. We have assumed the genuineness and authenticity of all documents submitted to us as originals and the conformity to originals of all documents submitted to us as copies thereof. Further, we have relied as to certain factual matters on information obtained from public officials, officers of the Company and other sources believed by us to be responsible. Our opinion is expressed only with respect to the laws of the State of California.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Registration Statement, and related prospectus, will be validly issued, fully paid, and nonassessable.
In rendering the foregoing opinion, we are not passing upon, and assume no responsibility for, any disclosure in any registration statement or any related prospectus or other offering material relating to the offer and sale of the Shares.
We consent to filing of this opinion as an exhibit to the Registration Statement. This opinion is furnished to you in connection with the filing of the Registration Statement and is not to be used, circulated, quoted or otherwise relied upon for any other purposes. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission.
Very truly yours,
BUCHALTER
/s/ Buchalter