Statutory Corporation Meaning. statutory body meaning is a body of the government established through an act which oversees a particular matter. It is a business that offers valuable services to the public.
Statutory bodies are authorized to. definition of statutory corporation in the definitions.net dictionary. answer (1 of 5):
Meaning & Features of Statutory Corporation Ch 3 Class 11
statutory advisory structures are established by legislation to provide advice to government. statutory advisory structures are established by legislation to provide advice to government. statutory body meaning is a body of the government established through an act which oversees a particular matter. essentially, electing statutory close corporation status means the corporation can be operated almost identically to a limited liability company (llc).