Kentucky Statutes 454.185 – Qualifications of sureties
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The surety in every bond provided for by any statute derived from the former Civil Code, or by the Rules of Civil Procedure must be a resident of this state, and be worth double the sum to be secured beyond the amount of his debts, and have property liable to execution in this state equal to the sum to be secured. If there be two (2) or more sureties in the same bond they must, in the aggregate, have the qualifications prescribed in this section.
Effective: July 1, 1953
History: Transferred 1952 Ky. Acts ch. 84, sec. 1, effective July 1, 1953, from C.C. sec. 684.
Effective: July 1, 1953
Terms Used In Kentucky Statutes 454.185
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Statute: A law passed by a legislature.
History: Transferred 1952 Ky. Acts ch. 84, sec. 1, effective July 1, 1953, from C.C. sec. 684.