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PRELIMINARY DRAFT 15 [i] (October 23, 1974)

handle is hein.ali/alifs0023 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

Subjects Covered:

PART II
PART V
PART X
PART XII
PART XIV

PRELIMINARY DRAFT NO. 15
- DEFINITIONS
- DISTRIBUTIONS
TRUST INDENTURES
- UTILITY HOLDING COMPANIES
- CIVIL LIABILITY

Submitted to the Consultants and Advisers for the Federal
Securities Code for Discussion'at their Meeting on December 5,
(at 10:00 A.M'), 6, and 7, 1974 at The Westbury Hotel, 69th
Street and Madison Avenue, New York, New York.

October 23, 1974

The Executive Office
The American Law Institute
4025 Chestnut Street
Philadelphia, Pa. 19104

*This i s a preliminary draft submitted on a private and
confidential basis to a limited group for the sole pur-
pose 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As an unpublished document intended for internal use,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 dis-
tributed, nor should it be quoted from or cited or its
substance disclosed in any public address or writing.

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