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Tennessee bonds

Caney Fork Electric Cooperative, TN — Utility Deposit Bond

Prepare Caney Fork Electric Cooperative deposit security using its request for your Tennessee account. Have the legal customer, covered meters and final amount ready before applying.

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Recorded state
Tennessee
Category
Utilities

What this bond does

The offering concerns electric-account payment security under the cooperative's accepted bond.

Who needs it
Caney Fork Electric customers directed to arrange a utility deposit bond.
Who it protects
The named cooperative receives security for the stated customer obligation. The customer remains responsible for bills and service conditions.

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

For a transferred account or changed business entity, have the cooperative identify the current customer and security it wants. An older bond naming the previous customer should not be assumed to transfer with the account or premises.

One application route is available without preset amounts or terms. Prepare the accepted form, required amount and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and deliver the bond as instructed. Utility acceptance, service arrangements and release of prior security remain separate.

Sources

Have these ready

  1. Current cooperative security notice and accepted form.
  2. Legal customer, Tennessee service locations and covered account/meter references.
  3. Required amount, effective date and submission instructions.

Questions about this bond

Can the previous customer's bond cover my transferred account?

Have Caney Fork Electric confirm the current customer and required security. Do not assume a prior bond transfers.

Can I include a newly added meter?

Use the cooperative's confirmed account scope and amount rather than assuming every meter is covered.

May I cancel the old security after applying?

Follow the cooperative's replacement instructions and the issued bond's conditions. A new application does not establish release.

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