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PROPOSED FINAL DRAFT 1 [i] (January 1, 1977)

handle is hein.ali/alifs0047 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. 1

January 1, 1977
This is a preliminary draft submitted on a private and con-
fidential 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As an unpublished document intended for internal use, this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.

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