- XEL Dashboard
- Financials
- Filings
-
Holdings
- Transcripts
- ETFs
- Insider
- Institutional
- Shorts
-
S-8 Filing
Xcel Energy (XEL) S-8Registration of securities for employees
Filed: 23 Nov 99, 12:00am
Exhibit 5.01
November 22, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.Washington, D.C. 20549Re: 300,000 shares of Common Stock of Northern States Power
Company, a Minnesota Corporation.Ladies and Gentlemen:
I am participating in the proceedings incident to the proposed issuance by Northern States Power Company, a Minnesota corporation (the Company), of up to 300,000 shares of Common Stock, par value $2.50 per share (the shares), pursuant to the Companys Executive Long-Term Incentive Award Stock Plan (the Plan). I have examined all records, instruments, and documents which I have deemed necessary to examine for the purposes of this opinion, including the Registration Statement on Form S-8 relating to the Plan.
Based upon the foregoing and upon my general familiarity with the Company and its affairs, I am of the opinion:
1. That the Company is a duly organized and validly existing corporation under the laws of the State of Minnesota and that it is legally qualified and authorized to operate and conduct business in the State of Minnesota. | |
2. When, as and if the Companys Registration Statement on Form S-8 to which this opinion is an exhibit becomes effective pursuant to the provisions of the Securities Act of 1933, as amended, and the shares have been duly issued and delivered, and the consideration for the shares has been duly received by the Company, all in the manner contemplated by said Registration Statement, the shares will be legally issued, fully paid, and nonassessable shares of stock of the Company. |
I hereby consent to the incorporation of this opinion into said Registration Statement and the reference to me under the heading Item 5. Interests of Named Experts and Counsel in said Registration Statement.
Respectfully submitted,
/s/ GARY R. JOHNSON