Statutory

Created or existing by virtue of a statute.

Relating to a statute; created or defined by a statute; required by a statute; conforming to a statute,

— Statutory crime. See Crime.

— Statutory dedication. See Dedication.

— Statutory exposition. When the language of a statute is ambiguous, and any subsequent enactment involves a particular interpretation of the former act, it is said to contain a statutory exposition of the former act. Wharton.

— Statutory foreclosure. See Foreclosure.

— Statutory obligation. An obligation—whether to pay money, perform certain acts, or discharge certain duties—which is created by or arises out of a stafute, as distinguished from one founded upon acts between parties or jural relationships.

— Statutory release. A conveyance which superseded thd old compound assurance by lease and release. It was created by St. 4 & 5 Viet. c. 21, which abolished the lease for a year.