Ky. Rev. Stat. § 425.309

Current through Acts Received April 24, 2024
Section 425.309 - Posting of bond by plaintiff - Posting of bond by defendant - Exceptions to sureties
(1) An order of attachment shall not be issued until a bond has been executed by one (1) or more sufficient sureties of the plaintiff in an amount not less than double the amount of the plaintiff's claim.
(2) Should the defendant post a bond, with sufficient sureties, insuring compliance with a final judgment, in an amount equal to the plaintiff's claim, including court costs and attorney's fees as stated in plaintiff's complaint, the attachment shall be dissolved and any proceeds of the attachment received by the plaintiff shall be returned to the defendant.
(3) Exceptions to sureties shall be made in accordance with KRS 425.121.

KRS 425.309

Effective:7/13/1984 Amended 1984 Ky. Acts ch. 158, sec. 6, effective7/13/1984. -- Created 1978 Ky. Acts ch. 399, sec. 3, effective 6/17/1978.