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426.610 Bonds having the effect of a judgment -- General provisions for.
(1)
(2)
(3)
(4)
Every bond taken on the sale of property under an order of judgment in
chancery or on the sale of property under execution, and every replevin and
forthcoming bond, shall be signed by the principal and surety, and attested by
the person taking the bond, or by someone in his presence. A bond so taken
shall be returned to the proper office, with a report of the acts of the person
taking it, and, if taken under an execution, the execution shall be returned with
the bond. Every such bond shall have the force and effect of a judgment, and if
not paid at maturity an execution may issue, which shall be endorsed that no
surety of any kind is to be taken.
The officer taking any bond referred to in subsection (1) of this section, and his
sureties, or their representatives, shall be jointly and severally liable to the
person injured for any damage he may sustain by the officer taking as surety
on the bond a person who was not solvent at the time.
If one of several obligors or obligees, in any bond referred to in subsection (1)
of this section, dies before the bond is satisfied, execution may issue on the
bond in the name of the surviving obligees, against the obligor or the survivor.
If all the obligees in such a bond die, their personal representatives may, if the
bond is not satisfied at maturity, sue out execution thereon against the obligors
or their personal representatives if they are all dead, or, if only part are dead,
against the survivor and the personal representatives of the deceased.
If any bond referred to in subsection (1) of this section is quashed, a new
execution may issue on the original judgment at the instance of the plaintiff, in
the same manner as if the bond had never been given.
Effective:October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from
Ky. Stat. secs. 1676, 1677, 1678, 1679, 1680.
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