Whenever a bond is required for the protection of the corporation, letters of credit or other surety as may be approved by the corporation, may be utilized in lieu of a bond.
KRS 154A.100
Bond, letters of credit or other surety
Effective: December 15, 1988 History: Created 1988 (1st Extra
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.