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PROPOSED FINAL DRAFT 3, VOLUME 1 i (November 9, 1977)

handle is hein.ali/alifs0050 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
FEDERAL SECURITIES CODE   /

PROPOSED FINAL DRAFT NO. 3

Volume 1

Submitted to the Council o6 The American Law Institute for Discuss
at  i&ts  meeting  on December  14  (at  10:00 a.m.),  15,  16,  and  17,  197
at The Ass6ociation o6 the Bak o6 the City o6 New York, 42 West
44th Street, New Yotk, New York

November 9, 1977

The Exccutive Office
The American Law Institute
4025 Chestnut Street
Philadelphia, Pennsylvania 19104
*This is a preliminary draft submitted on a private and confidenti
basis to a limited group for the sole purpose of study and critici
It has not been promulgated or approved by the Council or the mem-
bers 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As an unpublished document intended for internal use, this draft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.