Transient Merchant Permit Bonds.

RELATES TO: KRS 365.680 STATUTORY AUTHORITY: KRS 15.180, 367.150(4), 365.680 CERTIFICATION STATEMENT: This is to certify that this administrative regulation amendment complies with the requirements of 2025 RS HB 6, Section 8. NECESSITY, FUNCTION, AND CONFORMITY: KRS 15.180 authorizes the Attorney General to promulgate administrative regulations that will facilitate performing the duties and exercising the authority vested in the Attorney General and the Department of Law. KRS 367.150(4) requires the Department of Law to recommend administrative regulations in the consumers' interest. KRS 365.680 requires a transient merchant permit applicant to file a surety bond with the Attorney General when the aggregate market value of goods, wares or merchandise to be sold is one $1,500.00 or more. This administrative regulation establishes the form to be used by a transient merchant permit applicant when submitting the required surety bond. Section 1. Transient Merchant Permit Bond Submission. If an applicant submits a transient merchant permit application to a county clerk or an urban county government officer and the aggregate market value of goods, wares or merchandise to be sold is $1,500.00 or more, the applicant shall complete and submit a "Transient Merchant Permit Bond Notice", Form T-1, to the Attorney General's office, and submit a surety bond complying with KRS 365.680. Section 2. Incorporation by Reference. (1) "Transient Merchant Permit Bond Notice", Form T-1, Nov. 2025, is incorporated by reference. (2) This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Office of the Attorney General, Capital Complex East, 1024 Capital Center Drive, Suite 200, Frankfort, Kentucky 40601, Monday through Friday, 8:00 a.m. to 4:30 p.m. This material is also available on the Office's website, https://ag.ky.gov/Pages/default.aspx. HISTORY: (040 KAR 012:520. 52 Ky.R. 1060; eff. 6-2-2026.)