statutory liability

See liability created by statute.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Statutory Liability — A legal term meaning that someone can be held responsible for a certain action or omission because of a related law that is not open to interpretation. This is a generic term that can apply to any field, not just finance, but in finance it may… …   Investment dictionary

  • liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …   Law dictionary

  • statutory authority — in the law of tort or delict, a defence to a claim that the defendant is acting under statutory authority. It is a defence even to nuisance, which is seen in England as a form of strict liability. If, however, an act could be carried out under… …   Law dictionary

  • statutory employer — n: one who employs another (as a contractor) to perform work in the course of a business and who is liable for workers compensation according to a statute establishing such an employment relationship or liability Merriam Webster’s Dictionary of… …   Law dictionary

  • Statutory interpretation — Judicial Interpretation Forms …   Wikipedia

  • liability created by statute — A liability created by a statute which discloses an intention, express or implied, that from disregard of the statutory command, a liability for damages will arise which would not exist but for the statute. Schmidt v Merchants Despatch Transp. Co …   Ballentine's law dictionary

  • statutory surplus — The surplus of an insurance company determined by the accounting treatment of both assets and liabilities ( liability) as established by state statutes. Bloomberg Financial Dictionary …   Financial and business terms

  • German Statutory Accident Insurance — Statutory occupational accident insurance was already established back in 1884. The agencies in charge of providing this form of insurance are the industrial and agricultural employers’ liability funds as well as public sector accident insurance… …   Wikipedia

  • Tax protester statutory arguments — Part of the Taxation in the United States series Tax protest in the United States …   Wikipedia

  • Delaware statutory trust — Companies law Company  …   Wikipedia

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