California — Union Oil Company Dba Unocal Utility Deposit Bond
A deposit bond can secure a customer’s payment obligation to a named utility.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- California
- Category
- Utilities
What this bond does
A deposit bond can secure a customer’s payment obligation to a named utility. A form may secure payment of a utility account, a supplier’s duties, or obligations under an infrastructure agreement.
- Who needs it
- Utility customers, energy intermediaries, suppliers, and businesses using utility infrastructure.
- Who it protects
- A deposit bond does not insure against outages or guarantee energy prices. A supplier bond is not interchangeable with customer payment security.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Have these ready
- Bring the utility’s deposit request and service account information.
- Bring the service-account request, license requirement, or infrastructure agreement.
- Identify the customer, supplier, or attachment operator named as applicant.
- Have the legal applicant name, named recipient and requested form available.
- Keep the requested amount and effective period separate from the premium quoted for your application.
Questions about this bond
Does the utility accept a bond for this account and required security?
Bring the utility’s deposit request and service account information. Match the applicant’s role and covered activity to the written request before selecting a form.
Am I securing a service account or a supplier license?
A customer deposit request follows the service account and payment obligation. A supplier or infrastructure agreement concerns a different role. Bring the notice, account holder, and location, and ask the recipient how the issued document should be delivered.
How much will I pay?
The bond amount is the sum of the obligation or protection, not the purchase price. Review the premium and application conditions with the provider before paying. Any separately stated E&O limit is insurance coverage.
What happens after I select Purchase Now?
You continue to the provider in a new tab. Review the applicant, form, amount and effective dates before completing your application. Keep the issued document and deliver it using the requesting party’s instructions; payment alone does not grant a license or permit.