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Florida bonds

Clay Electric Cooperative, FL — Utility Deposit Bond

Prepare Clay Electric Cooperative deposit security from the actual Florida customer-account request.

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Recorded state
Florida
Category
Utilities

What this bond does

The offering secures electric-customer payment duties under the accepted cooperative bond.

Who needs it
Customers whose Clay Electric security notice matches this Florida offering.
Who it protects
The cooperative receives account security. You still pay electric 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

Match the full Florida cooperative recipient, not a Clay county-government office or another similarly named electric organization. Use the current account customer and required security; an existing membership or another customer's amount does not establish your obligation.

Purchase Now opens one Propeller application in a new tab, without preset amounts or terms. Prepare the accepted form, covered accounts, required amount and effective date. After issuance, check and deliver the bond as instructed. Acceptance, membership requirements, power activation and cash release remain separate.

Sources

Have these ready

  1. Current Florida cooperative security notice and accepted form.
  2. Legal customer, service locations and covered electric accounts.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Can a county office be named from Clay alone?

Use the full cooperative recipient required by the actual request.

Can another member's amount be used?

Use the security amount the cooperative requests for your accounts.

Does applying refund an existing deposit?

Not automatically. Confirm acceptance and release instructions with the cooperative.

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