KRS 304.21-060: Certificate as evidence of authority to be sole surety.

The certificate of authority of a surety insurer, issued as provided under this code, shall be

evidence of the authority of the insurer to become and to be accepted as sole surety on all

private bonds and contracts, and on all bonds, undertakings, recogniz ances and

obligations required or permitted by law or the charter, ordinances, rules or regulations of

any municipality, board, body, organization or public officer and of the solvency and

credit of such insurer for all authorized purposes and its sufficiency as such surety.