KRS 425.521: Procedure if garnishee indebted to defendant.

If a garnishee, or officer of a corporation summoned as a garnishee, appear in person, he

may be examined on oath; and, if it be discovered on such examination that, at the service

of the order of attachment upon him, he or the corporation was possessed of any property

of the defendant, or was indebted to him, the court may order the delivery of such

property, and the payment, or security for the payment, of the sum owing by the

garnishee, into court, or to such person as it may direct --who shall give bond, with

security, for the same; or the court may permit the garnishee to retain the property or the

sum owing upon the execution of a bond with one (1) or more sufficient sureties, to the

effect that the sum shall be paid, or the property be forthcoming, as the court may direct.

Performance of such bonds, for the forthcoming of property, may be enforced, as in cases

of contempt; upon such bonds for payment of money, execution may be issued as upon

replevin bonds.