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2014 Kentucky Revised Statutes
CHAPTER 177 - STATE AND FEDERAL HIGHWAYS -- LIMITED ACCESS FACILITIES -- TURNPIKES -- ROAD BONDS -- BILLBOARDS -- RECYCLERS
177.925 Operator's bond.

KY Rev Stat § 177.925 (2014) What's This?

Download as PDF 177.925 Operator's bond. Where the commissioner has reasonable cause to doubt the financial responsibility of the operator or compliance by the operator with the provisions of KRS 177.905 to 177.950, the commissioner may require such operator to furnish and maintain a bond in such form, amount, and with such sureties as he shall approve, but not less than one thousand dollars ($1,000) nor more than five thousand dollars ($5,000) conditioned upon the operator complying with the provisions of KRS 177.905 to 177.950 and the regulations adopted pursuant thereto. Any bond forfeiture is hereby appropriated to the state road fund. History: Created 1962 Ky. Acts ch. 249, sec. 5.

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