Prepare for the Louisiana Notary Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Statutory acts are those that are established and governed by specific legislation. When an act is referred to as statutory, it means that it has a legal framework and is enforceable by law. Such acts are created by legislative bodies and typically do not depend on personal discretion or subjective interpretation; instead, they provide clear rules and guidelines that must be followed.

This legal binding nature ensures that all parties involved are required to adhere to the terms outlined in the statute, making them enforceable in a court of law. This is contrasted with acts that might be subject to personal discretion or advisory in nature, which may not hold the same weight in legal proceedings. Hence, the classification of statutory acts as legal and binding underscores their authoritative role in the legal system.