Statutorily (Adverb)
Meaning
According to statute; "placed statutorily under the council's supervision".
Examples
- The company is statutorily required to disclose its financial information to the public every quarter.
- The position of CEO is statutorily limited to a two-term maximum.
- The employees are statutorily entitled to a minimum of four weeks' paid annual leave.
- The property is statutorily protected as a historical landmark and cannot be demolished.
- The fund is statutorily mandated to allocate a minimum of 30% of its investments to sustainable projects.