See: physical status modifier .
Tag: RAW
Statute
Law passed by a legislative body including administrative boards, municipal courts, and legislatures (e.g., legislative branch of the federal government). See act . Also called act or law .
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MEDICAL,USA: An act of Parliament.
Statute of frauds (Legal Terminology)
A statute that mandates certain contracts to be written to be enforced by the law.
Statute of Frauds 1677
Largely superseded by other enactments but s.4 remains. It provides that no action shall be brought upon a guarantee unless the agreement is in writing and signed by the party to be charged, or his agent. See unenforceable contracts for the effect on contracts of fidelity guarantee.
Statute of limitation (Legal Terminology)
The amount of time a person has to begin legal action.
Statute of Limitations
The time limit set by law during which a person must bring legal action on a case.
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MEDICAL, USA: 1. Time limit established for filing lawsuits; may vary from state to state. 2. Specific period of time after a patient receives medical services in which a claim must be filed and after which lapse of time the claim may no longer be enforced.
Statute-barred
A civil claim that cannot be brought because it is outside the time permitted by statute (Limitation Act 1980) is ‘statute barred’. See also the LATENT DAMAGES ACT 1986.
Statutory
Mandated by law or by a statute.
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Required by or having to do with law or statute.
Statutory absolution
See: REHABILITATION OF OFFENDERS ACT 1974.
Statutory Accounting
Accounting prescribed by Regulatory authority for insurance companies. Under the statutory accounting system GAAP (General Accepted Accounting Principles) are not followed, but statutory conventions replace GAAP.