Song of Songs1:3 Because of the savour of thy good ointments thy name is as ointment poured forth, therefore do the virgins love thee.
Deep is this idea of Statute and this verse reveals so much of that as the word Statute in Hebrew is a Chet and A Quaf. The word savor in Hebrew ends with the Chet and the word Poured Forth ends with the Quaf. The deeper understanding that Christ is Greek for Mesiah and both mean the Anointed one. Here Solomon is introducing the main Character - THE ANOINTED ONE. Then sharing the connection of name and anointing.
The word Name in Hebrew is Shem - Shin, Mem. This word ointment is Shin,Mem,Nun. The root is name and add the nun or the idea of the lamp of faith. Think about the faith you have in even your dog, by name. Such is to a sense the anointing and your name gives off a smell I assure you good or bad depending on the nose that tastes it.
Yes this verse is a Statute.