Answer:
They are supported by the regulatory pillar.
Explanation:
Formal institution is one a type of institutions which is related to constitutions, codes, laws, contracts, and other legal elements.
They are such institutions that are brought about by written laws and, contracts and constitutions.
An example of a formal institution is the Police.
The statement which is true about formal institutions is that they are supported by regulatory pillar, this is because most times a formal institution is set up on the premise of law.
They dont come from socially transmitted Information, neither are They underpinned by the normative and cognitive pillars. Also They dont include culture, ethics, and values.