Kentucky Statutes 132.400 – Bond of property valuation administrator
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Before entering upon the duties of office, the property valuation administrator shall execute a bond conditioned upon the faithful performance of the duties of the office with a surety to be approved by the Department of Revenue. In counties containing a city of the first class or consolidated local government, the bond shall be in the sum of one hundred thousand dollars ($100,000); in counties containing a city with a population equal to or greater than twenty thousand (20,000) based upon the most recent federal decennial census, fifty thousand dollars ($50,000); in all other counties, twenty thousand dollars ($20,000).
Effective: January 1, 2015
History: Amended 2014 Ky. Acts ch. 92, sec. 215, effective January 1, 2015. — Amended 2005 Ky. Acts ch. 85, sec. 197, effective June 20, 2005. — Amended 2002
Ky. Acts ch. 346, sec. 166, effective July 15, 2002. — Amended 1982 Ky. Acts ch.
388, sec. 1, effective July 15, 1982. — Amended 1949 (1st Extra. Sess.) Ky. Acts ch.
3, sec. 3. — Amended 1942 Ky. Acts ch. 131, secs. 3 and 32. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4042a-4.
Effective: January 1, 2015
Terms Used In Kentucky Statutes 132.400
- City: includes town. See Kentucky Statutes 446.010
- Department: means the Department of Revenue. See Kentucky Statutes 132.010
- Federal: refers to the United States. See Kentucky Statutes 446.010
History: Amended 2014 Ky. Acts ch. 92, sec. 215, effective January 1, 2015. — Amended 2005 Ky. Acts ch. 85, sec. 197, effective June 20, 2005. — Amended 2002
Ky. Acts ch. 346, sec. 166, effective July 15, 2002. — Amended 1982 Ky. Acts ch.
388, sec. 1, effective July 15, 1982. — Amended 1949 (1st Extra. Sess.) Ky. Acts ch.
3, sec. 3. — Amended 1942 Ky. Acts ch. 131, secs. 3 and 32. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4042a-4.