# kaal:claim:5886342-021

**Claim.** 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.

**Type.** condition  **Support.** asserted

**Source quote.**

> (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.

**From.** 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, page 10

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

**Verify.** sha256 of source PDF `dc456a1ce2ea4a356dbcb35dc900ec36be94b8c9b6da4a2c8c268d6301f66359` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Andreas%20et%20al.%20-%202025%20-%20Universal%20Digital%20Law%20Codex%20%28UDLC%29.pdf

**Topics.** smart-contracts

**Keywords.** digital-pledge, control, perfection, escrow, smart-contracts

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