The department may require the applicant to execute a corporate surety bond to be approved by the department, conditioned upon the payment of all taxes, penalties and fines for which such applicant may become liable under KRS § 138.344 to KRS § 138.355. Such bond shall be in an amount equal to an applicant’s one (1) year estimated refund claim, but not less than one thousand dollars ($1,000).
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 373, effective June 20, 2005. — Amended
1988 Ky. Acts ch. 285, sec. 19, effective August 1, 1988. –Created 1946 Ky. Acts ch. 10, sec. 4.
History for former KRS § 138.346: Renumbered as KRS § 138.342.