Statutory Contract
/ˈstætʃʊtəri ˈkɒntrækt/
Definitions
- (n.) A contract created or enforced by statute, rather than solely by mutual agreement of the parties.
The statutory contract required the employer to provide notice before termination.
Forms
- statutory contract
- statutory contracts
Related terms
See also
Commentary
Statutory contracts typically arise where legislation imposes contractual obligations or modifies existing common law contracts; drafters should note the interplay between statute and agreement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.