Attached files
file | filename |
---|---|
S-1/A - Teucrium Commodity Trust | v196030_s1a.htm |
EX-3.1 - Teucrium Commodity Trust | v196030_ex3-1.htm |
EX-8.1 - Teucrium Commodity Trust | v196030_ex8-1.htm |
EX-23.2 - Teucrium Commodity Trust | v196030_ex23-2.htm |
EX-10.1 - Teucrium Commodity Trust | v196030_ex10-1.htm |
EX-10.2 - Teucrium Commodity Trust | v196030_ex10-2.htm |
EXHIBIT 5.1
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Dykema
Gossett PLLC
Franklin
Square, Third Floor West
1300
I Street N.W.
Washington,
DC 20005
www.dykema.com
Tel: (202)
906-8600
Fax: (202)
906-8669
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September
7, 2010
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Teucrium
Commodity Trust
232
Hidden Lake Road, Building A
Brattleboro,
Vermont 05301
Re:
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Shares of Beneficial Interests
– Teucrium WTI Crude Oil
Fund
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Dear
Gentlemen:
Teucrium Commodity Trust, a Delaware
statutory trust (the “Trust”), has filed a Registration Statement on Form S-1,
File No. 333-167594 (the “Registration Statement”) under the Securities Act of
1933, as amended (the “1933 Act”), in order to register for sale shares of
beneficial interests (the “Shares”) in a series of the Trust that is denominated
the “Teucrium WTI Crude Oil Fund” (the “Fund”).
We have examined the Trust’s
Declaration of Trust, Bylaws and such other documents and records which, in our
opinion, were necessary for the purpose of rendering this opinion. On
the basis of such examination, we are of the opinion that the Shares, when
issued and sold as contemplated in the Registration Statement, will be legally
issued, fully paid and non-assessable.
The opinion is limited to the matters
expressly set forth herein, and no opinion may be implied or inferred beyond
those expressly stated. Our opinion and other statements expressed
herein are as of the date hereof, and we have no obligation to update this
letter or to advise you of any changes in applicable law or any other matters
that may come to our attention after the date hereof.
We hereby consent to the filing of this
opinion as an exhibit to the Registration Statement and to the reference to our
firm in the “Legal Matters” section of the Registration Statement. We
do not admit by giving this consent that we are in the category of persons whose
consent is required under Section 7 of the 1933 Act.
Very
truly yours,
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/s/
Dykema Gossett PLLC
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Dykema
Gossett pllc
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