Membership Hold. You can place your membership on hold for up to three months for the following reasons: vacation, financial, medical, work or school. If your membership hold is due to medical reasons, a doctorâs note is needed. During this period you will not be charged membership dues.
Legal Definition of statutory. 1  1 : of or relating to a statute or statutes a statutory provision. 2  2 : enacted, created, regulated, or defined by statute a statutory presumption a statutory insider.
Statute. An act of a legislature that declares, proscribes, or commands something; a specific law, expressed in writing. A statute is a written law passed by a legislature on the state or federal level. Statutes set forth general propositions of law that courts apply to specific situations.A statute may forbid a certain act, direct a certain act, make a declaration, or set forth governmental mechanisms to aid society.ase law has the same legally binding effect as statutory law, but there are important distinctions between statutes and case law. Case law is written by judges, not by elected lawmakers, and it is written in response to a specific case before the court.