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California bonds

California — Modesto Irrigation District Utility Deposit Bond

Prepare Modesto Irrigation District deposit security for the actual service account in its request. Identify the customer, accepted form and required amount before applying.

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Recorded state
California
Category
Utilities

What this bond does

The offering concerns district customer-account payment security, not a water right or construction-performance obligation.

Who needs it
District customers with a utility deposit-bond request matching this offering.
Who it protects
The district in the accepted form receives security for the stated account duty. The customer continues paying the applicable service 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

Read which service and accounts the district asks to secure; Irrigation in its name does not select the obligation for you. If a new notice changes the amount or account scope, use that request rather than carrying an old calculation forward.

One application route is offered without preset amounts or terms. Prepare the required amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and submit the document as instructed; district acceptance, service activation and release of previous security remain separate.

Sources

Have these ready

  1. District's current service-account security notice and accepted form.
  2. Legal customer, California locations and covered service/account references.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does Irrigation identify the service to secure?

Use the actual service and obligation in the district's request and accepted form rather than inferring them from its name.

Can a previous deposit calculation be reused?

Use the amount and account scope in the current district request.

Does the bond authorize water rights or construction?

This offering concerns customer-account security. Obtain any separate rights, permissions or construction security required for other obligations.

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