What do statutory mean?
adjective. of, relating to, or of the nature of a statute. prescribed or authorized by statute. conforming to statute. (of an offense) recognized by statute; legally punishable.
What is statutory law and what’s its purpose?
Statutory Law is the term used to define written laws, usually enacted by a legislative body. Statutory laws vary from regulatory or administrative laws that are passed by executive agencies, and common law, or the law created by prior court decisions. … If the executive signs the bill it passes into law as a statute.
What does Statutory Basis mean?
relating to rules
What is another word for statutory?
Statutory Synonyms – WordHippo Thesaurus.
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What is another word for statutory?constitutionallawfullegallegislativejudicialrightfulauthorizedUSlegitimatesanctionedlicit
What does statutory time mean?
: the period of time prescribed by a relevant statute of limitations.
What is an example of statutory law?
The definition of statutory is something mandated by or related to statutes, which are laws or bills passed by the legislature. An example of statutory law is the law found in the Clean Air Act, a federal statute.
What is the best definition of statutory law?
statutory law. [ (stach-uh-tawr-ee) ] A law or group of laws passed by a legislature or other official governing bodies. (Compare common law.)
What is the difference between statutory law and case law?
Common law is also known as case law and is of two types – one where judgments passed become new laws where there are no statutes and the other where judges interpret the existing law and determines new boundaries and distinctions. … Statutory laws can be passed by various government agencies of a country.
Do statutory employees receive W 2?
Employees receive Form W-2. Statutory employees also receive Form W-2. To fill out Form W-2 for a statutory employee, you must mark the small box under “statutory employee” in Box 13. Statutory employee earnings are considered “other compensation.” Record the amount you paid the worker in Box 1.
What is the opposite of statutory?
Opposite of of, relating to, enacted or regulated by a statute. illegal. illegitimate. illicit. unlawful.