UCC & State Law
The Conference’s work where bankruptcy meets the Uniform Commercial Code and state law — secured transactions, digital assets under the 2022 UCC amendments, and state fraudulent-transfer law — and the targeted fixes that keep the two bodies of law working together.
Where the Conference shapes the meeting point of bankruptcy and state law.
The U.C.C. and State Law Committee examines where the Bankruptcy Code meets the Uniform Commercial Code and other state law — how security interests are perfected and enforced once a debtor files, how the 2022 UCC amendments treat crypto and other digital assets, and how state-law fraudulent-transfer claims fare in and after a case. The Conference’s earlier work in this area came from its Capital Markets and UCC Committee.
Secured transactions
How security interests are created, perfected, and enforced when a debtor files.
Digital assets
How the 2022 UCC amendments treat crypto and other digital assets in bankruptcy.
State-law claims
How state fraudulent-transfer and other state-law claims fare once a case is filed.
The full committee
Earlier reports on bankruptcy and the UCC.
The 2022 UCC Amendments for Digital Assets
Where the states stand on the 2022 UCC amendments, and what they settle for debtors’ rights in digital assets, transfer timing, and perfection.
Read Conferees onlyUCC Article 8 and Crypto Exchanges
How exchanges and their customers could use UCC Article 8 to settle whether customer crypto is estate property — and cut litigation over account terms.
Read Conferees onlyState-Law Fraudulent Conveyance Claims After Bankruptcy
Whether individual creditors keep state-law fraudulent-conveyance claims after a case when the estate never pursues them — the majority view and a dissent.
ReadWeighing a UCC or state-law provision?
Get the Conference’s non-partisan read — and a direct line for technical assistance where bankruptcy meets the UCC and state law.