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Jun 5, 2017 - KYUNG S. LEE, Two Houston Center, 909 Fanin St., 15th Floor, Houston, ..... to call attention to the internal, horizontal shields which are the ...
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DRAFT FOR APPROVAL

UNIFORM PROTECTED SERIES ACT

NATIONAL CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS

MEETING IN ITS ONE-HUNDRED-AND-TWENTY-SIXTH YEAR SAN DIEGO, CALIFORNIA JULY 14 - JULY 20, 2017

UNIFORM PROTECTED SERIES ACT Copyright © 2017 By NATIONAL CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS

The ideas and conclusions set forth in this draft, including the proposed statutory language and any comments or reporter s notes, have not been passed upon by the National Conference of Commissioners on Uniform State Laws or the Drafting Committee. They do not necessarily reflect the views of the Conference and its Commissioners and the Drafting Committee and its Members and Reporter. Proposed statutory language may not be used to ascertain the intent or meaning of any promulgated final statutory proposal. June 5, 2017

DRAFTING COMMITTEE ON UNIFORM PROTECTED SERIES ACT The Committee appointed by and representing the National Conference of Commissioners on Uniform State Laws in preparing this Act consists of the following individuals: STEVEN G. FROST, 602 Hackberry Court W., Buffalo Grove, IL 60089, Chair JOHN FOX ARNOLD, 714 Locust St., St. Louis, MO 63101 DAVID J. CLARK, 353 Bel Marin Keys Blvd., Suite 9, Novato, CA 94949 WILLIAM H. CLARK, JR., One Logan Square, 18th and Cherry St., Philadelphia, PA 191036996 HARRY J. HAYNSWORTH, IV, 108 Addingtons, Williamsburg, VA 23188-7430 LISA R. JACOBS, One Liberty Place, 1650 Market St., Suite 4900, Philadelphia, PA, 19103 7300 STEVEN N. LEITESS, 201 N. Charles St., 26th Floor, Baltimore, MD 21201-4149 DAVID C. McBRIDE, 1000 King St., P.O. Box 391, Wilmington, DE 19899 JAMES C. McKAY, JR., 441 4th St. NW, Suite 630 S., Washington, DC, 20001 THOMAS E. RUTLEDGE, 2000 PNC Plaza, 500 W. Jefferson St., Louisville, KY 40202-2874 EDWIN E. SMITH, One Federal St., Boston, MA 02110-1726 DAVID S. WALKER, Drake University Law School, 2507 University Ave., Des Moines, IA 50311 DANIEL S. KLEINBERGER, 1818 Twin Circle Dr., Mendota Heights, MN 55118-4140 Reporter EX OFFICIO RICHARD T. CASSIDY, 1233 Shelburne Rd., Suite D5, South Burlington, VT 05403-7753, President H. LANE KNEEDLER, Office of the Attorney General of Virginia, 202 N. 9th St., Richmond, VA 23219, Division Chair AMERICAN BAR ASSOCIATION ADVISORS ALLAN G. DONN, Wells Fargo Center, 440 Monticello Ave., Suite 2200, Norfolk, VA 235102243, ABA Advisor JAY ADKISSON, 2850 W. Horizon Ridge Pkwy., Suite 200, Henderson, NV 89052 MARJORIE R. BARDWELL, 601 Riverside Ave., Bldg. 5, Jacksonville, FL 32204-2901 CARTER G. BISHOP, Suffolk University Law School, 120 Tremont St., Boston, MA 021084977, ABA Section Advisor J. LEIGH GRIFFITH, 511 Union St., Suite 2700, Nashville, TN 37219, ABA Section Advisor GREG LADNER, One Rodney Square, 920 N. King St., Wilmington, DE 19801, ABA Section Advisor KYUNG S. LEE, Two Houston Center, 909 Fanin St., 15th Floor, Houston, TX 77010, ABA Section Advisor ELIZABETH S. MILLER, Baylor Law School, 1114 S. University Parks Dr., One Bear Place #97288, Waco, TX 76798, ABA Section Advisor SANDRA K. MILLER, Widener University, School of Business Administration, One University Place, Chester, PA 19013-5792, ABA Section Advisor

MARLA H. NORTON, 222 Delaware Ave., Suite 900, P.O. Box 25130, Wilmington, DE 19899, ABA Section Advisor NORMAN M. POWELL, Rodney Square, 1000 King St., Wilmington, DE 19801, ABA Section Advisor ALLEN SPARKMAN, 2800 Post Oak Blvd., Suite 2800, P.O. Box 609, Houston, TX 770566100, ABA Section Advisor JAMES J. WHEATON, 333 White Dogwood Dr., Chesapeake, VA 23322-4168, ABA Section Advisor JOHN L. WILLIAMS, 1201 N. Orange St., Suite 600, Wilmington, DE 19801, ABA Section Advisor EXECUTIVE DIRECTOR LIZA KARSAI, 111 N. Wabash Ave., Suite 1010, Chicago, IL 60602, Executive Director Copies of this Act may be obtained from: NATIONAL CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS 111 N. Wabash Ave., Suite 1010 Chicago, Illinois 60602 312/450-6600 www.uniformlaws.org

UNIFORM PROTECTED SERIES ACT TAB