{"data":{"id":"us-ky/krs-337.200","jurisdiction":"us-ky","citation":"KRS 337.200","heading":"Performance bond for wages due from employer engaged in construction","body":"work, or the severance, preparation, or transportation of minerals.\nExcept for employers who have been doing business in the state for five (5) consecutive\nyears, every employer enga ged in construction work, or the severance, preparation, or\ntransportation of minerals, shall furnish on a form prescribed by the commissioner a\nperformance bond to assure the payment of all wages due from the employer. Surety for\nthe bond shall be an amou nt of money equal to the employer's gross payroll operating at\nfull capacity for four (4) weeks. Any employee whose wages are secured by a bond may\nobtain payment of those wages, liquidated damages, and attorney's fees as provided by\nlaw on presentation to  the commissioner of a final judgment entered by a court of\ncompetent jurisdiction. The bond may be terminated, with the approval of the\ncommissioner, on submission of the employer's statement, lawfully administered under\noath, that the employer has ceased doing business in the state and that all due wages have\nbeen paid.","path":["KRS Chapter 337"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=32056","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:26Z","sha256":"84146925f84f3d0f5685b7527ca8033548730ad0eb325292fd514b4e774bbdde","source_id":"us-ky","stale":false,"prev":"us-ky/krs-337.100","next":"us-ky/krs-337.210"},"notice":"GroundRules: Original legal text. Not legal advice."}