227.720 Bond for public display permit. No permit shall be issued under KRS 227.710 unless the applicant shall give bond or evidence of liability insurance deemed adequate by the official to whom application for the permit is made, in a sum not less than one million dollars ($1,000,000). However , the local fire chief or state fire marshal may require a larger amount if in their judgment the situation requires it, conditioned for the payment of all damages which may be caused thereby either to a person or to property by reason of the permitted dis play, and arising from any acts of the licensee, his agents, employees or subcontractors. Effective: July 13, 2004 History: Amended 2004 Ky. Acts ch. 70, sec. 3, effective July 13, 2004. -- Amended 1982 Ky. Acts ch. 436, sec. 7, effective July 15, 1982. -- Created 1980 Ky. Acts ch. 49, sec. 17, effective July 15, 1980.
Kentucky Legal Code