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Tentative Draft No. 1 i (April 2022)

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        Submitted by the Council to the membership of
                 The American Law Institute
for consideration at the 2022 Annual Meeting on May 16-18, 2022



         THE AMERICAN 10
         LAW INSTITUTE               1



         RESTATEMENT OF THE LAW

         CORPORATE GOVERNANCE


Tentative   Draft   No.   1

        (April 2022)


SUBJECTS  COVERED


CHAPTER 1
CHAPTER 2
CHAPTER 4
CHAPTER 5
APPENDIX A


Definitions (§§ 1.10, 1.23, & 1.24)
The Objective of a Corporation (§ 2.01)
Duty of Care and the Business Judgment Rule (§§ 4.01 & 4.02)
Duty of Loyalty (§§ 5.01, 5.02, & 5.10)
Black Letter of Tentative Draft No. 1


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     ©2022 BY THE AMERICAN LAW INSTITUTE
            ALL RIGHTS RESERVED


As of the date on its cover, this draft had not been considered by the membership of The American Law Institute and
therefore may not represent the position of the Institute on any of the issues with which it deals. Any action taken by
the membership with respect to this draft may be ascertained by consulting the ALI website or the Proceedings of the
Annual Meeting.