KRS 227.720: Bond for public display permit.

No permit shall be issued under KRS 227.710 unless the applicant shall give bond or

evidence of liability insurance deemed adequate by the official to whom application for

the permit is made, in a sum not less than one million dollars ($1,000,000). However , the

local fire chief or state fire marshal may require a larger amount if in their judgment the

situation requires it, conditioned for the payment of all damages which may be caused

thereby either to a person or to property by reason of the permitted dis play, and arising

from any acts of the licensee, his agents, employees or subcontractors.