Ky. Rev. Stat. Ann. § 132.400 - Bond of Property Valuation Administrator.

132.400 Bond of property valuation administrator.

Before entering upon the duties of office, the property valuation administrator shall execute a bond conditioned upon the faithful performance of the duties of the office with a surety to be approved by the Department of Revenue. In counties containing a city of the first class or consolidated local government, the bond shall be in the sum of one hundred thousand dollars ($100,000); in counties containing a city with a population equal to or greater than twenty thousand (20,000) based upon the most recent federal decennial census, fifty thousand dollars ($50,000); in all other counties, twenty thousand dollars ($20,000).

Effective: January 1, 2015

History: Amended 2014 Ky. Acts ch. 92, sec. 215, effective January 1, 2015. --Amended 2005 Ky. Acts ch. 85, sec. 197, effective June 20, 2005. -- Amended 2002 Ky. Acts ch. 346, sec. 166, effective July 15, 2002. -- Amended 1982 Ky. Acts ch. 388, sec. 1, effective July 15, 1982. -- Amended 1949 (1st Extra. Sess.) Ky. Acts ch. 3, sec. 3. --Amended 1942 Ky. Acts ch. 131, secs. 3 and 32. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4042a-4.