Uniform Commercial Code Posts

Debt Tokens

This Article offers the first comprehensive analysis of debt tokens, addressing their flaws, potential within the framework of the 2022 amendments to the Uniform Commercial Code, and the socio-economic impacts of widespread adoption.

New UCC Article 12: Applying the Rules to Practice

This ALI CLE course discusses the new UCC Article 12, which outlines definitions and rules for transferees who obtain control of certain digital assets as the article is being increasingly accepted by state legislatures.

Floating Liens Over Crypto-in-Commerce

This Essay shows how the UCC amendments can be used to structure more complex secured credit arrangements that tap into the borrowed capital potential of blockchain technology.

Free Webinar on UCC And Digital Assets

The Uniform Law Commission will present a free one-hour webinar, entitled 2022 UCC Amendments Part I: Digital Assets, on August 31, at 1:00 p.m. ET.

How El Salvador Has Changed U.S. Law by a Bit: The Consequences for the UCC of Bitcoin Becoming Legal Tender

As the first country to adopt Bitcoin as legal tender, El Salvador made world history and sparked many debates and predictions about the effects its decision may have on the Central American nation and its economy. Beyond such consequences, El Salvador has, wittingly or unwittingly, changed the legal effects of various provisions in the Uniform Commercial Code. This Article explores some of the consequences wrought by El Salvador’s bold action

Machines and Contractual Intent

Machines are making contracts—law is not ready. This paper describes why machine-made contracts do not fit easily into the common law of contracts or the Uniform Commercial Code for Sales.