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Arkansas bonds

Arkansas — Petit Jean Electric Cooperative Corporation Utility Deposit Bond

Have Petit Jean Electric Cooperative Corporation's Arkansas security request ready before applying.

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Recorded state
Arkansas
Category
Utilities

What this bond does

The offering secures customer-payment duties under the cooperative's accepted utility form.

Who needs it
Applicants whose actual Petit Jean Electric account-security request matches this offering.
Who it protects
The named cooperative receives account security. The underlying 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

Corporation is part of the utility title, not proof that only incorporated applicants qualify. Confirm the accepted legal account customer and full cooperative recipient from the request. Keep an owner, signer or trade name distinct from that customer.

One Propeller application opens through Purchase Now in a new tab, without fixed amounts or terms. Prepare the covered accounts, accepted form, required amount and effective date. After issuance, review and submit the document as instructed. Acceptance, membership requirements, power activation and cash release remain separate.

Sources

Have these ready

  1. Actual cooperative security request and accepted form.
  2. Full recipient/legal customer, Arkansas locations and covered electric accounts.
  3. Required amount, effective date and delivery directions.

Questions about this bond

Must the applicant be a corporation?

The utility title does not establish applicant eligibility; confirm the actual legal customer and request.

Can a signer replace the account customer?

Keep the authorized signer and legal customer distinct.

Does applying refund an existing deposit?

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

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