[stach-oot, -oot]
an enactment made by a legislature and expressed in a formal document.
the document in which such an enactment is expressed.
International Law. an instrument annexed or subsidiary to an international agreement, as a treaty.
a permanent rule established by an organization, corporation, etc., to govern its internal affairs.

1250–1300; Middle English statut < Old French estatut < Late Latin statūtum, noun use of neuter of Latin statūtus (past participle of statuere to make stand, set up, derivative of status status), equivalent to statū-, verb stem + -tus past participle suffix

statue, stature, statute. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
statute (ˈstætjuːt)
1.  a.  an enactment of a legislative body expressed in a formal document
 b.  this document
2.  a permanent rule made by a body or institution for the government of its internal affairs
[C13: from Old French estatut, from Late Latin statūtum, from Latin statuere to set up, decree, ultimately from stāre to stand]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

late 13c., from O.Fr. statut, from L.L. statutum "a law, decree," noun use of neuter pp. of L. statuere "enact, establish," from status "condition, position," from stare "to stand" from PIE base *sta- "to stand" (see stet). Statutory first attested 1717; statutory rape, in
U.S., "sexual intercourse with a female below the legal age of consent, whether forced or not," is recorded from 1898.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The others have all been dropped, because of the statute of limitations or the
  immunity rule.
With a possible charge of desertion, which carries no statute of limitations.
The statute of limitations for any crime was six months.
He also argued that the two-year statute of limitations on the summary offense
  has expired.
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