Ky. Rev. Stat. § 62.110

Current through Acts Received April 24, 2024
Section 62.110 - New bond discharges sureties - Stipulation for indemnity

If a new bond is given all the sureties making the motion shall be discharged from all liability for the acts of the principal thereafter done. If the object is so specified, the bond shall contain a covenant to indemnify the said sureties against any loss, cost or damage legally incurred by reason of the suretyship.

KRS 62.110

Effective:10/1/1942
through 1968: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 4663.