Kentucky Revised Statutes

Ky. Rev. Stat. § 132.400 (2026)

Bond of property valuation administrator

✓ current as of May 2026
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Before entering upon the duties of office, the property valuation administrator shall execute a bond conditioned upon the faithful performance of the duties of the office with a surety to be approved by the Department of Revenue. In counties containing a city of the first class or consolidated local government, the bond shall be in the sum of one hundred thousand dollars ($100,000); in counties containing a city with a population equal to or greater than twenty thousand (20,000) based upon the most recent federal decennial census, fifty thousand dollars ($50,000); in all other counties, twenty thousand dollars ($20,000). Effective: January 1, 2015 History: Amended 2014 Ky. Acts ch. 92, sec. 215, effective January 1, 2015. -- Amended 2005 Ky. Acts ch. 85, sec. 197, effective June 20, 2005. -- Amended 2002 Ky. Acts ch. 346, sec. 166, effective July 15, 2002. -- Amended 1982 Ky. Acts ch. 388, sec. 1, effective July 15, 1982. -- Amended 1949 (1st Extra. Sess.) Ky. Acts ch. 3, sec. 3. -- Amended 1942 Ky. Acts ch. 131, secs. 3 and 32. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4042a-4.

Notes of Decisions
Cited in 3 cases, 1994–2009 · leading case: St. Matthews Fire Prot. Dist. v. Aubrey, 304 S.W.3d 56 (Ky. Ct. App. 2009).
St. Matthews Fire Prot. Dist. v. Aubrey, 304 S.W.3d 56 (Ky. Ct. App. 2009). “055 requires the posting of a bond by the County Clerk, and KRS 132.400 requires the posting of a bond by the PVA.”
Commonwealth, Revenue Cabinet v. Picklesimer, 879 S.W.2d 482 (Ky. 1994). “050 and KRS 132.400. Shortly thereafter, respondent filed an action in the Johnson County Circuit Court seeking his reinstatement as PVA and to enjoin the Cabinet from proceeding with the removal process.”
St. Matthews Fire Prot. Dist. v. Aubrey, 304 S.W.3d 56 (Ky. Ct. App. 2009). “055 requires the posting of a bond by the County Clerk, and KRS 132.400 requires the posting of a bond by the PVA.”
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