Kentucky Revised Statutes

Ky. Rev. Stat. § 62.110 (2026)

New bond discharges sureties -- Stipulation for indemnity

✓ current as of May 2026
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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. Effective: October 1, 1942 History through 1968: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4663.

Notes of Decisions
Cited in 1 case, 1956–1956 · leading case: Commonwealth v. Slack, 291 S.W.2d 553 (Ky. Ct. App. 1956).
Commonwealth v. Slack, 291 S.W.2d 553 (Ky. Ct. App. 1956). “” KRS 62.110. It later developed that the sheriff had failed to pay over to the county certain taxes collected by him prior to the date of execution of the new bond.”
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