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132.400 Bond of property valuation administrator.

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132.400 Bond of property valuation administrator. Before entering upon the duties of office, the property valuation administrator shall <br>execute a bond conditioned upon the faithful performance of the duties of the office with <br>a surety to be approved by the Department of Revenue. In counties containing a city of <br>the first class or consolidated local government, the bond shall be in the sum of one <br>hundred thousand dollars (&#36;100,000); in counties containing a city of the second class, <br>fifty thousand dollars (&#36;50,000); in all other counties, twenty thousand dollars (&#36;20,000). Effective: June 20, 2005 <br>History: 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 <br>ch. 388, sec. 1, effective July 15, 1982. -- Amended 1949 (1st Extra. Sess.) Ky. Acts <br>ch. 3, sec. 3. -- Amended 1942 Ky. Acts ch. 131, secs. 3 and 32. -- Recodified 1942 <br>Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4042a-4.