Private codifications such as the Uniform Commercial Code and INCOTERMS remain static texts that can be amended only through protracted, committee-driven processes, and those processes inevitably favor incumbents and territorial interests.
Source quote, verbatim
Private codifications, from the Uniform Commercial Code to INCOTERMS, remain static texts amended only through protracted, committee-driven processes that inevitably favor incumbents and territorial interests.
From
Wulf A. Kaal, The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted (2025), Introduction, p. 4 https://ssrn.com/abstract=5887242 · source PDF
Cite as
Wulf A. Kaal, The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted (2025). SSRN: https://ssrn.com/abstract=5887242
Holds when
committee-based private codification with periodic amendment cycles
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