KRS 140.224 — Bond to secure installment payment of inheritance tax

(1) Where a beneficiary elects to pay the inheritance tax on the installment basis as
provided in this chapter, such beneficiary may be required to post sufficient security
at any time the department reasonably believes collection of the tax may be in
jeopardy.
(2) Failure of a beneficiary to pay any installment due or to post the required security
shall cause all installments to become immediately due and payable.