All elective or appointive county officers of any county containing a population of two hundred thousand (200,000) or more who, upon assuming their respective offices, are required under the law to execute a bond for the faithful discharge and performance of their duties, and who shall have such bond executed by any incorporated surety company authorized to do a surety business in the State of Kentucky, shall pay the premium on such bond, and the amount paid for such premium shall be and become a valid claim against the county, except where the law provides that it be paid by the state, and shall be paid in the same manner as other claims are paid. In each case in which a claim is made for the payment of premium on the bond executed as above set out, the officer executing the bond as principal shall verify the claim by his affidavit.
History: Created 1942 Ky. Acts ch. 52, sec. 1.

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Terms Used In Kentucky Statutes 62.150

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010