KRS 376.100: Release of lien by execution of bond.

The owner or claimant of property against which a lien has been asserted, or any

contractor or other person contracting with the owner or claimant of such property for the

furnishing of any improvements or services for which a lien is created by this chapt er or

any subcontractor or other person in privity with the contractor, may, at any time before a

judgment is rendered enforcing the lien, execute before the county clerk in which the lien

was filed a bond for double the amount of the lien claimed with goo d sureties to be

approved by the clerk, conditioned upon the obligors satisfying any judgment that may be

rendered in favor of the person asserting the lien. The bond shall be preserved by the

clerk, and upon its execution the lien upon the property shall be discharged. The person

asserting the lien may make the obligors in the bond parties to any action to enforce his

claim, and any judgment recovered may be against all or any of the obligors on the bond.