Dictionary Search: "Statutory" - Pakistan Law Portal

Statutory

adj 1 Of or relating to legislation <statutory interpretation>. 2.Legislatively created <the law of patents is purely statutory>. 3. Conformable to a statute <a statutory act>.

nonstatutory bond

See voluntary bond.

statutory action

See ACTION:

statutory action.

An action governed by statutory law rather than equitable, civil, or common law.

statutory agent

an agent designated by law to receive litigation documents and other legal notices for a nonresident corporation. 0 in most states, the secretary of state is the statutory agent for such corporations.

statutory arson

See ARSON (2).

statutory bond

A bond given in accordance with a statute.

statutory burglary

See BURGLARY

statutory construction

1. The act or process of interpreting a statute. 2. Collectively, the principles developed by courts for interpreting statutes. - Also termed statutory interpretation. See CONSTRUCTION (2)."(T]here is not, and probably never can be, anything meriting the description of a coherent body of case-law on statutory interpretation as a whole as distinct from the interpretation of a particular statute." Rupert Cross, .Statutory Interpretation 39 (1976).

statutory crime

A crime punishable by statute. Cf common-law crime.

statutory damages

See DAMAGES.

statutory dedication

A dedication for which the necessary steps are statutorily pre-scribed, all of which must be substantially followed for an effective dedication.

statutory deed

See DEED.

statutory employee

Workers' compensation. An employee who is covered, or required to be covered, by the employer's workers'-compensation insurance and who therefore has no independent tort claim against the employer for unintentional injuries suffered on the job. See statutory employer under EMPLOYER.

statutory employer

See EMPLOYER.

statutory employer.

Workers' compensation. One who employs a statutory employee. See statutory employee under EMPLOYEE.

statutory exception

A provision in a statute exempting certain persons or conduct from the statute's operation. 3. The retention of an existing right or interest, by and for the grantor, in real property being granted to another. Cf. RESERVATION (1). - except, vb.

statutory exposition

A statute's special interpretation of the ambiguous terms of a previous statute <the statute contained a statutory exposition of the former act>. statutory extortion See EXTORTION.

statutory forced share

See ELECTIVE SHARE.

statutory foreclosure

See power-of-sale foreclosure under FORECLOSURE. statutory guardian See GUARDIAN.

statutory guardian.

A guardian appointed by a court having special statutory jurisdiction. - Also termed guardian by statute.

statutory instrument

A British administrative regulation or order.

statutory interpretation

See STATUTORY CONSTRUCTION.

statutory law

The body of law derived from statutes rather than from constitutions or judicial decisions. - Also termed statute law; legislative law; ordinary law. Cf. COMMON LAW (1); CONSTITUTIONAL LAW.

statutory lien

1. A lien arising solely by force of statute, not by agreement of the parties. ( Examples are federal tax liens and mechanic's liens. 2. Bankruptcy. Either of two types of liens: (1) a lien arising solely by force of a statute on specified circumstances or conditions, or (2) a lien of distress for rent, whether or not statutory. ( For bankruptcy purposes, a statutory lien does not include a security interest or judicial lien, whether or not the interest or lien arises from or is made effective by a statute.

statutory merger

See MERGER.

statutory merger.

A merger provided by and conducted according to statutory requirements.

statutory obligation

See OBLIGATION.

statutory obligation.

An obligation -whether to pay money, perform certain acts, or discharge duties - that is created by or arises out of a statute, rather than based on an independent contractual or legal relationship.

statutory omnibus clause

Insurance. An omnibus clause provided by statute. See OMNIBUS CLAUSE (1).

statutory partnership association

See PARTNERSHIP ASSOCIATION.

statutory penalty

A penalty imposed for a statutory violation; esp., a penalty imposing automatic liability on a wrongdoer for violation of a statute's terms without reference to any actual damages suffered.

statutory presumption

A rebuttable or conclusive presumption that is created by statute. Thayer presumption. See THAYER PRESUMPTION.

statutory rape

See RAPE.

statutory redemption

The statutory right of a defaulting mortgagor to recover property, within a specified period, after a foreclosure or tax sale, by paying the outstanding debt or charges. ( The purpose is to protect against the sale of property at a price far less than its value. See REDEMPTION PERIOD.

statutory release

Hist. A conveyance superseding the compound assurance by lease and release, created by the Conveyance by Release Without Lease Act of 1841 (St. 4 & 5 Vict., ch. 21).

statutory right of redemption

The right of a mortgagor in default to recover property after a foreclosure sale by paying the principal, interest, and other costs that are owed, together with any other measure required to cure the default. ( This statutory right exists in many states but is not uniform. See REDEMPTION.

statutory share