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PERMANENT EDITORIAL BOARD REVIEW COMMITTEE FOR ARTICLE 9 [i] (DOCUMENT NO. 23, July 20, 1970)

handle is hein.ali/alicc0133 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL -
PUBLIC DISCLOSURE IS PROHIBITED*
(Not to be sold, offered for sale, or otherwise published)

PERMANENT EDITORIAL BOARD FOR THE
UNIFORM COMMERCIAL CODE

DOCUMENT NO. 23

Subject Covered:

REASONS FOR CHANGE
and
1970 COMMENTS

Submitted to the Members of the
Review Committee for Article 9
for Discussion at Its Meeting on
October 10, 11, 12, and 13, 1970
July 20, 1970
The Executive Office
Permanent Editorial Board for the
Uniform Commercial Code
4025 Chestnut Street
Philadelphia, Pa. 19104
*This is a preliminary draft submitted on a private and
confidential basis to a limited group for the sole pur-
pose of study and criticism. It has not been promul-
gated or approved by the Council or the members of The
American Law Institute.
As an unpublished document intended for internal use,
this draft should not be generally circulated or
distributed, nor should it be quoted from or cited or
its substance disclosed in any public address or writing.