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LSDefine

Simple English definitions for legal terms

statutory

Read a random definition: beneficium ordinis

A quick definition of statutory:

Statutory: This word describes something that is created by a law or related to a law. It means that it follows the rules set out in a law. For example, if a law says that people have to wear seatbelts in cars, then it is a statutory requirement to wear a seatbelt.

A more thorough explanation:

Definition: Statutory refers to something that is created or regulated by legislation, or conformable to a statute.

Examples:

These examples illustrate how the term "statutory" is used to describe things that are created or regulated by law. In each case, there is a specific statute or law that governs the situation, and the term "statutory" is used to indicate that the action or entity in question is in compliance with that law.

statuto mercatorio | statutory bond

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