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Arkansas bonds

Arkansas — Carroll Electric Cooperative Corporation Utility Deposit Bond

Have Carroll Electric Cooperative Corporation's security notice ready before applying. Match the actual Arkansas customer account, accepted form and required amount.

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Recorded state
Arkansas
Category
Utilities

What this bond does

The offering concerns electric-customer payment security under the accepted cooperative bond.

Who needs it
Customers with a request matching this Carroll Electric Cooperative Corporation offering.
Who it protects
The cooperative receives security for the stated account duties. Your electric bills remain payable.

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

Use the full cooperative recipient and actual Arkansas service account. Carroll Electric wording alone does not establish that another similarly named utility's form or another location's deposit calculation applies. Keep the customer's legal name distinct from the cooperative's corporate name.

One application opens with Propeller in a new tab through Purchase Now, without preset amounts or terms. Prepare the requested amount and effective date. After issuance, check and submit the document as instructed; acceptance, any membership requirements and power activation remain separate.

Sources

Have these ready

  1. Actual cooperative security notice and accepted form.
  2. Legal customer, Arkansas service address and covered accounts.
  3. Required amount, effective date and delivery directions.

Questions about this bond

Can I choose by Carroll Electric alone?

Match the full named cooperative and accepted form, not similar utility wording.

Can another location's amount be copied?

Use the amount requested for the actual covered accounts.

Does applying refund existing security?

Not automatically. Confirm acceptance and any cash-release process with the cooperative.

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