KRS 304.27-120: Action on bond.

Action on the attorney's bond or to recover against any such deposit made in lieu thereof

may be brought at any time by one (1) or more subscribers suffering loss through a

violation of its conditions, or by a receiver or liquidator of the insurer. Amounts

recovered on the bond shall be deposited in and become part of the insurer's funds. The

total aggregate liability of the surety shall be limited to the amount of the penalty of such

bond.