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ADVISORY GROUP DRAFT 1 [i] (October 19, 1981)

handle is hein.ali/alicgv0012 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) The American Law Institute PRINCIPLES OF CORPORATE GOVERNANCE AND STRUCTURE: RESTATEMENT AND RECOMMENDATIONS Advisory Group Draft No. 1 Subjects Covered: Introductory Note Part I. Definitions Part II. Objective and Conduct of the Corporation Part III. Structure of the Corporation Part IV. Duty of Care and Business Judgment Part VII. Remedies Submitted to the Advisers for consideration at their meeting on November 7 (at 10 a.m.), and 8, 1981, at The ALI Conference Center, 4025 Chestnut Street, Philadelphia, Pennsylvania October 19, 1981 The Executive Office THwE AMERICAN LAW INSTITUTE 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 purpose of study and criticism. It has not been promulgated 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 As an unpublished document intended for internal use, this draft should not be generally circulated or distributed, nor should it be quoted from or cited or its substance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.