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Current as of January 01, 2021 | Updated by FindLaw Staff
The sale of personal property upon which an execution is levied shall be suspended at the instance of any person, other than the defendant in the execution, claiming the property, who shall execute, with one (1) or more sureties sufficient for double its value, a bond to the plaintiff in the execution, to the effect that, if it shall be adjudged that the property or any part of it is subject to the execution, he will pay to the plaintiff the value of the property so subject, and ten percent (10%) thereon, not exceeding the amount due on the execution, and ten percent (10%) thereon.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXXIX. Provisional Remedies, Enforcement of Judgments, and Exemptions § 426.640.Bond required for suspension of sale of personal property - last updated January 01, 2021 | https://codes.findlaw.com/ky/title-xxxix-provisional-remedies-enforcement-of-judgments-and-exemptions/ky-rev-st-sect-426-640/
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