Bond for payment -- Court action on unpaid bond
KRS 143.050
in effect143.050. Bond for payment -- Court action on unpaid bond
(1) Any taxpayer charged with the filing of reports and payment of the tax imposed by this chapter may be required to post a cash or corporate surety bond in an amount to be determined by the department.
(2) The Commonwealth may bring an action for a restraining order, temporary or permanent injunction to restrain or enjoin the operation of a taxpayer's business until the bond is posted. Such action may be brought in the Franklin Circuit Court or in the Circuit Court having jurisdiction of the taxpayer.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 541, effective June 20, 2005. -- Created 1972 Ky. Acts ch. 62, Pt. II, sec. 5.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29242Fetched: 10/20/2026
