Definition - What does Statutory Law mean?
Statutory laws are written laws that have been approved by a legislature (either a state or federal legislature). Statutes may require specific actions, prohibit them, act as declarations of intention or lay out the ways in which government will act in certain circumstances.
Safeopedia explains Statutory Law
Statutes are created from bills that are proposed to a specific legislative authority. They are subjected to a process in which they are examined by legislative committees and if approved, the bill becomes a statutory law after final approval by the executive officer. In the U.S., this executive officer would be a state governor or the president. Each separate measure or provision within a bill are then termed ‘statues’ and are then considered binding. Statutory law is subject to constitutional law and appeals against statutory requirements are often made with reference to the constitution.