50 Litas coin to mark 475^th Anniversary of the First Statute of Lithuania.

The Statutes of Lithuania originally known as the Statutes of the Grand Duchy of Lithuania (Lithuanian: Lietuvos statutai, Belarusian: Статуты Вялікага княства Літоўскага, Polish: Statuty litewskie, Ukrainian: Статути Великого князівства Литовського) were a 16th century codification of all the legislation of the Grand Duchy of Lithuania and its successor, the Polish–Lithuanian Commonwealth. The statutes were important as, at that time, unlike the Grand Duchy of Lithuania, most European countries were absolute monarchies that did not invest as much authority in legislative bodies or seek to codify their acts. The Statutes consist of three legal codes (1529, 1566, and 1588) all written in Ruthenian, translated into Latin and later Polish. They formed the basis of the legal system of the Grand Duchy. The main purpose of the First Statute was to standardise and collect various tribal and customary laws in order to codify them as a single document.
The First Statute was drafted in 1522 and came into power in 1529 by the initiative of the Lithuanian Council of Lords. It has been proposed that the codification was initiated by Grand Chancellor of Lithuania Mikołaj Radziwiłł as a reworking and expansion of the Casimir Code. The first edition was redrafted and completed by his successor Albertas Goštautas, who assumed the position of the Grand Chancellor of Lithuania in 1522.