Statute cap

a kind of woolen cap; - so called because enjoined to be worn by a statute, dated in 1571, in behalf of the trade of cappers.
- Blackstone.

See also: Statute

References in periodicals archive ?
States can by statute cap those cost-of-living adjustments, or COLAs, and many states have in recent years because of similar big losses in their pension funds.
Sometimes, as when the plaintiff seeks only injunctive relief, the statute caps plaintiffs' recoveries, or for other reasons damages are substantially less than attorneys' fees, court-awarded attorneys' fees can exceed a plaintiff's monetary recovery; see Riverside, 477 US 561 (1986) (compensatory and punitive damages of $33,350; attorneys' fee award of $245,456).
That California statute caps noneconomic damage awards at $250,000.