# Ucc

`kaal:entity:ucc`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `ucc`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 3 works, 2019 to 2025.

**2019**

- [3411110-023](https://wulfkaal.github.io/claims/3411110-023) [failure/asserted] *(failure mode)* -- Digital securities are not recognized under any state's current commercial law, which matters because that recognition governs margining and the pledging of securities as collateral.
  > The lack of recognition of "digital" securities under any state's current commercial law,51 which is relevant for margin / pledging securities as collateral
  Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

**2025**

- [5554218-008](https://wulfkaal.github.io/claims/5554218-008) [failure/argued] *(failure mode)* -- The adaptability of common law to smart contracts is strained when the coded mechanism itself violates a legal norm, as with smart contracts that enable automatic collateral repossession contrary to the Uniform Commercial Code's restrictions on strict foreclosure.
  > However, this adaptability is strained when smart contracts, such as those enabling automatic collateral repossession, violate legal norms like the UCC's restrictions on strict foreclosure.
  Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218
- [5887242-004](https://wulfkaal.github.io/claims/5887242-004) [failure/argued] *(failure mode)* -- 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.
  > 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.
  Wulf A. Kaal, The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted (2025). SSRN: https://ssrn.com/abstract=5887242

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/ucc.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.