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§ 425.309 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 425.309

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425.3 09 Posting of bond by plaintiff -- Posting of bond by defendant -- Exceptions to sureties. (1) An order of attachment shall not be issued until a bond has been executed by one (1) or more sufficient sureties of the plaintiff in an amount not less than do uble the amount of the plaintiff's claim. (2) Should the defendant post a bond, with sufficient sureties, insuring compliance with a final judgment, in an amount equal to the plaintiff's claim, including court costs and attorney's fees as stated in plainti ff's complaint, the attachment shall be dissolved and any proceeds of the attachment received by the plaintiff shall be returned to the defendant. (3) Exceptions to sureties shall be made in accordance with KRS 425.121. Effective: July 13, 1984 History: Amended 1984 Ky. Acts ch. 158, sec. 6, effective July 13, 1984. -- Created 1978 Ky. Acts ch. 399, sec. 3, effective June 17, 1978.