Bill > HB143

This bill amends a Kentucky law (KRS 395.140) concerning fiduciary bonds, which are financial guarantees required for individuals appointed to manage estates or trusts to protect beneficiaries. The key change is that these fiduciary bonds will now need to be signed in front of a notary public, ensuring the identity of the signers is verified. The bill also removes the previous requirement for the bond to be attested by the clerk of the court, meaning the clerk's official confirmation of the signatures is no longer necessary. Additionally, the bill makes technical adjustments to how these bonds are filed and recorded by the clerk, specifying that they will be kept in a maintained record rather than a specific book.

Justice

https://apps.legislature.ky.gov/record/26RS/hb143.html