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62.110 New bond discharges sureties -- Stipulation for indemnity.

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62.110 New bond discharges sureties -- Stipulation for indemnity. If a new bond is given all the sureties making the motion shall be discharged from all <br>liability for the acts of the principal thereafter done. If the object is so specified, the bond <br>shall contain a covenant to indemnify the said sureties against any loss, cost or damage <br>legally incurred by reason of the suretyship. Effective: October 1, 1942 <br>History through 1968: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4663.