Any person having custody of the proceeds of any school tax authorized by KRS § 160.605 to KRS § 160.611, 160.613 to 160.617, and 160.621 to 160.633, except the Department of Revenue, shall be required to secure a corporate surety bond in an amount to be set by the Kentucky Board of Education. The cost of the surety bond shall be considered a part of the cost of the administration of the school taxes authorized under KRS § 160.605 to
160.611, 160.613 to 160.617, and 160.621 to 160.633.
Effective: July 1, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 598, effective July 1, 2005. — Amended
2004 Ky. Acts ch. 79, sec. 14, effective July 1, 2005. — Amended 1996 Ky. Acts ch.
362, sec. 6, effective July 15, 1996. — Repealed and reenacted 1990 Ky. Acts ch.
476, Pt. V, sec. 471, effective July 13, 1990. — Amended 1978 Ky. Acts ch. 155, sec.
82, effective June 17, 1978. — Amended 1976 Ky. Acts ch. 127, sec. 18. — Amended
1972 Ky. Acts ch. 203, sec. 26. — Created 1966 Ky. Acts ch. 24, Part III, sec. 19.