Typizität als Strukturprinzip des Privatrechts

Legally standardized institutions dominate today's property law as well as the law of negotiable instruments (in particular bills of exchange and cheques) and the law of documents of title (e.g., bills of lading and warehouse receipts). Strict and reliable standardization is, on the other hand, almost absent in the law of securities. Insights from legal history and comparative law suggest, however, that a higher degree of standardization might be desirable regarding securities as well.