Statutory limits definition

Statutory limits means an insurance carrier's amount of liability under a specific excess insurance policy, capped at the maximum amount allowed by statute.
Statutory limits means the following:
Statutory limits means any limit on compensation taken into account in calculating benefits under the Savings Plan under Section 401(a)(17) of the Code or that directly or indirectly affects the amount of benefits payable from the Savings Plan pursuant to Section 415(c) of the Code or any other applicable Section of the Code.

Examples of Statutory limits in a sentence

  • Statutory limits are required by South Carolina state law, and employer’s liability limits of $100,000 per accident.

  • Procedures Status of TIPS Members as Related to This Agreement Vendor’s Resellers as Related to This Agreement Support Requirements Incorporation of Solicitation SECTION HEADERS OR TITLES STATUTORY REQUIREMENTS Insurance Requirements General Liability $1,000,000 each Occurrence/ Aggregate Automobile Liability $300,000 Includes owned, hired & non-owned Workers' Compensation Statutory limits for the jurisdiction in which the Vendor performs under this Agreement.

  • Statutory limits and employer’s liability of $100,000 for each accident or disease.

  • Florida Statutory limits in accordance with Chapter 440; Employer’s Liability limits not less than $100,000/$100,000/$500,000 (each accident/disease-each employee/disease-policy limit).

  • Limits of Liability: Worker’s Compensation: Statutory limits in the jurisdiction wherein the Work is to be performed.


More Definitions of Statutory limits

Statutory limits means, collectively, the limits set forth in Code Sections 401(a)(17), 402(g)(1), and 415(c).
Statutory limits means the limitations on contributions imposed by Sections 415, 401(a)(17) and 402(g) of the Code.
Statutory limits means the provisions of Sections 401(a)(17) and 415 of the Code which have the effect of limiting the benefits payable to a Member under the Pension Plans.
Statutory limits means the size and weight limits established by Wyoming law under which a load can be moved over the highway without having to secure a permit. (a)
Statutory limits means an insurer’s amount of liability under a specific excess insurance policy, capped at the maximum amount allowed by statute.
Statutory limits means an insurance carrier’s amount of liability under a specific excess
Statutory limits means the limits imposed by the Code on the amount of a Participant's benefits under the Pension Plan. The Statutory Limits are: