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Alabama bonds

Alabama — Cullman Power Board Utility Deposit Bond

Prepare a Cullman Power Board deposit bond using the customer and electric account in the board's security request. Confirm the accepted form and required amount before applying.

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Recorded state
Alabama
Category
Utilities

What this bond does

The offering concerns electric-account payment security under the board's accepted document.

Who needs it
Cullman Power Board customers directed to provide utility deposit-bond security.
Who it protects
The board named in the accepted form receives security for the stated account obligation. The customer continues paying electric bills.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details

Match Cullman Power Board's full recipient wording, not another utility identified only by the Cullman location. Keep the legal account customer distinct from the property owner or person handling the application.

One application route is offered without preset amounts or terms. Prepare the board's amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and deliver the document as instructed; board acceptance, power activation and release of old security remain separate.

Sources

Have these ready

  1. Board's written account-security notice and accepted form.
  2. Legal customer, Alabama service address and account reference.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Is the Cullman address enough to select the recipient?

Use the full Power Board recipient wording in the actual request. Another utility in the same area is not automatically interchangeable.

Does the bill payer have to be the applicant?

Use the legal customer the board asks to secure the account, not a name chosen merely because that person pays the bill.

Will this automatically return my cash deposit?

No. Confirm acceptance and the board's treatment of existing security separately.

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