EXHIBIT 3.2 LeBoeuf, Lamb, Greene & MacRae L.L.P. A LIMITED LIABILITY PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS 125 West 55th Street New York, NY 10019-5389 (212) 424-8000 FACSIMILE: (212) 424-8500 (213) 955-7345 WRITER'S DIRECT DIAL: October...Legal Opinion • October 30th, 1997 • Tax Exempt Securities Trust New York Trust 165
