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COUNCIL DRAFT 4 [i] (January 13, 1984)

handle is hein.ali/alicgv0032 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: ANALYSIS AND RECOMMENDATIONS Council Draft No. 4 Part III. Part IV. Part VII. Subjects Covered: Structure of the Corporation (Section 3.09) Duty of Care and.the Business Judgment Rule Remedies (Section 7.17) (Sections 7.40-7.47 for discussion only) Submitted to the meeting of the Council of The American Law Institute on February I (at 10:00 a.m.), 2, 3, and 4, 1984, at the ALI Conference Center, fourth floor, 4025 Chestnut Street, Philadelphia, Pennsylvania. This Draft is scheduled for discussion on Wednesday, February 1, and Thursday, February 2. January 13, 1984 THE AMERICAN LAW INSTITULI THE ExEcuTiVE OFFICE LIBRARY THE AMEIUCAN 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 As an unpublished document Intended for internal use, this draft should not be generally circulated or distributed, nor should it be quoted from or cited or its substance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.