KRS 426.640: Bond required for suspension of sale of personal property.

The sale of personal property upon which an execution is levied shall be suspended at the

instance of any person, other than the defendant in the execution, claiming the property,

who shall execute, with one (1) or more sureties sufficient for double its v alue, a bond to

the plaintiff in the execution, to the effect that, if it shall be adjudged that the property or

any part of it is subject to the execution, he will pay to the plaintiff the value of the

property so subject, and ten percent (10%) thereon, n ot exceeding the amount due on the

execution, and ten percent (10%) thereon.