The binding of successive nicotinamide adenine dinucleotide (NAD) molecules to the subunits of rabbit muscle glyceraldehyde phosphate dehydrogenase was found by the technique of difference sedimentation to cause an inherent change in the sedimentation coefficient of the protein beyond that attributable to the buoyant weight of the coenzyme. Attempts were made to determine whether the measured changes in sedimentation coefficient were wholly or partially due to shifts in the association-dissociation equilibria between the enzyme and its subunits. The results were equivocal because aqueous preparations of the apoenzyme, produced by charcoal treatment, showed with time increasing amounts of subunits and aggregates larger than tetramers.This spontaneous conversion was accompanied by the loss of potential enzymic activity. Marked stabilization of the apoenzyme was achieved through the use of buffered D20 solutions. The spontaneous inactivation and precipitation observed in aqueous solutions were strikingly eliminated in D20 solutions even at room temperature. In addition, for most preparations of the enzyme in the absence or presence of NAD only tetramers could be detected by sedimentation equilibrium measurements over the concentration range from 0.1 to 3.0 g per 1. This finding was confirmed by differential sedimentation studies which provided direct measurements of the concentration dependence of the sedimentation coefficient. For those preparations showing no evident dissociation in the sedimentation equilibrium experiments the differential sedimentation technique gave similar results for the apoenzyme and enzyme to which different amounts T> X V_abbit muscle glyceraldehyde phosphate dehydrogenase,1 though consisting apparently of four identical polyt From the