If a new bond is given all the sureties making the motion shall be discharged from all liability for the acts of the principal thereafter done. If the object is so specified, the bond shall contain a covenant to indemnify the said sureties against any loss, cost or damage legally incurred by reason of the suretyship.
KRS 62.110
New bond discharges sureties -- Stipulation for indemnity
Applied in 1 court decision — leading case Commonwealth v. Slack (1956)
Most recently applied in Commonwealth v. Slack (June 1956)
Effective: October 1, 1942 History through 1968: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.