413.230 Sureties who are discharged after five years. A surety for an executor, administrator, guardian or curator, or for a sheriff to whom a decedent's estate has been transferred, shall be discharged from all liability to a distributee, devisee or ward when five (5) years have elapsed without suit after th e cause of action accrued, and after the devisee, distributee or ward attained full age. But the failure of one to commence action in time shall not affect the right of another. Effective: July 15, 1980 History: Amended 1980 Ky. Acts ch. 259, sec. 28, eff ective July 15, 1980. -- Amended 1974 Ky. Acts ch. 299, sec. 7. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2550.
Kentucky Legal Code