154A.100 Bond, letters of credit or other surety.

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154A.100 Bond, letters of credit or other surety. Whenever a bond is required for the protection of the corporation, letters of credit or <br>other surety as may be approved by the corporation, may be utilized in lieu of a bond. Effective: December 15, 1988 <br>History: Created 1988 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 12, effective December 15, 1988.