KRS 413.220: Sureties who are discharged after seven years.

(1) A surety shall be discharged from all liability under any judgment or decree, after

the lapse of seven (7) years without the issue of execution and prosecution in good

faith for collection.

(2) A surety in any bond given in the course of any judicial proce eding shall be

discharged from all liability on it unless suit is brought on it within seven (7) years

after the cause of action accrues.

(3) A surety in any obligation or contract, other than those provided for in KRS

413.230, shall be discharged from all liability on it unless suit is brought on it

within seven (7) years after the cause of action accrues.