kaal:claim:5886342-021

Pledging a digital object requires the pledgor to hand over digital control, either to the pledgee, to a third party, or to a digital program capable of exercising that control, so the security interest is perfected by control rather than by filing.

(2) In order to pledge a Digital Object, the pledgor shall transfer the Digital Control to either the pledgee, a third party, or a digital program capable of exercising Digital Control.

Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025), Part B, Book II, Section 3, Chapter 3, Article 37 Digital Pledge of Digital Objects, p. 10
https://ssrn.com/abstract=5886342 · source PDF

Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025). SSRN: https://ssrn.com/abstract=5886342

conditionsupport: assertedsmart-contracts

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Attestation record: colloquium/attestations/96c31f2e44c2539f...json
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