In CommitteeFiled Mar 2, 2026
Latest Action
to Committee on Committees (S)
Mar 2, 2026
Summary
The bill changes the law so that anyone acting as a surety on bonds required by the former Civil Code or the Rules of Civil Procedure must live in Kentucky. They must also have personal assets worth at least twice the bond amount after debts and own property in Kentucky equal to the bond amount. This ensures that sureties have sufficient financial backing within the state.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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