Section 62.055 - Bonds of county clerks - Minimum - Record(1) Every county clerk, before entering on the duties of his office, shall execute bond to the Commonwealth, with corporate surety authorized and qualified to become surety on bonds in this state. Any county clerk holding office as of January 1, 1978, who has not executed bond as provided herein shall do so within thirty (30) days from February 9, 1978.(2) In counties containing a consolidated local government or a city of the first class, the amount of the county clerk's bond shall be at least five hundred thousand dollars ($500,000). In counties containing an urban-county form of government, the amount of county clerk's bond shall be at least four hundred thousand dollars ($400,000). In counties containing a city of the home rule class but not a city of the first class, a consolidated local government, or an urban-county form of government, the amount of the county clerk's bond shall be at least one hundred thousand dollars ($100,000).(3) The bond of the county clerk shall be examined and approved by the fiscal court, which shall record the approval in its minutes. The fiscal court shall record the bond in the county clerk's records and a copy of the bond shall be transmitted within one (1) month to the Department of Revenue, where it shall be recorded and preserved. Except in those counties where the fees of the county clerk are paid into the State Treasury, the premium on the county clerk's bond shall be paid by the county.(4) Where circumstances in a particular county indicate that the amount of the bond may not be sufficient, the Department of Revenue may request the fiscal court to increase the bond as provided in KRS 62.060. The fiscal court shall then require a bond of sufficient amount to safeguard the Commonwealth.Amended by 2014 Ky. Acts ch. 92,§ 27, eff. 1/1/2015.Effective:6/20/2005
Amended 2005, Ky. Acts ch. 85, sec. 88, effective6/20/2005. -- Amended 2002, Ky. Acts ch. 346, sec. 16, effective 7/15/2002. -- Amended 1996, Ky. Acts ch. 86, sec. 2, effective 7/15/1996. -- Amended 1982 Ky. Acts ch. 387, sec. 1, effective 7/15/1982. -- Created 1978 Ky. Acts ch. 4, sec. 1, effective 2/9/1978.