The written will of the legislature, solemnly expressed according to the forms prescribed by the constitution; an act of the legislature. See Statute. … [Read more...] about STATUTE LAW
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STATUTORY OBLIGATION
An obligation that arises from law or statute as opposed to a contractual obligation. … [Read more...] about STATUTORY OBLIGATION
STATUTE MERCHANT
English law. A security entered before the mayor of London, or some chief warden of a city, in pursuance of 13 Ed. 1. stat. 3, c. 1, whereby the lands of the debtor are conveyed to the creditor, till out of the rents and profits of them, his debt may be satisfied. … [Read more...] about STATUTE MERCHANT
STATUTORY OFFENSE
An violation of a law or statute. … [Read more...] about STATUTORY OFFENSE
STATUTE OF FRAUDS
The name commonly given to the state 29 Car. II., c. 3, entitled An act for prevention of frauds and perjuries. This statute has been re-enacted in most. of the states of the Union, generally with omissions, amendments, or alterations. When the words of the statute have been used, the construction put upon them has also been adopted. Most of the acts of the different states … [Read more...] about STATUTE OF FRAUDS
