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Kentucky Revised Statutes · § 62.110 — New bond discharges sureties -- Stipulation for indemnity

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.

Source notes

Effective: October 1, 1942

History and annotations

through 1968: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4663.

Official source for this version

Source captured 2026-09-25. Open the official source.

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