IPA: /ˈstætʃəˌtɔri/
KK: /ˈstætʃəˌtɔri/
Related to laws or regulations that are formally written and enacted by a legislative body.
The company must comply with statutory requirements to operate legally.
Statutory → It is formed from "status" (from Latin *status*, meaning state or condition) and the suffix "-ory" (meaning relating to or characterized by). The word "statutory" refers to something that is related to or established by law or statute.
Think of 'status' as the state of something, and remember that 'statutory' means relating to laws that define that state.