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Kentucky bonds

Electric Plant Board Of The City Of Glasgow, KY — Utility Deposit Bond

Prepare deposit security for the Electric Plant Board of the City of Glasgow account in your request. Match the Kentucky board's full recipient wording and legal electric customer.

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Recorded state
Kentucky
Category
Utilities

What this bond does

The offering concerns customer-account payment security, rather than a power-plant construction obligation.

Who needs it
Board customers asked to arrange utility deposit-bond security for specified accounts.
Who it protects
The recipient in the accepted bond receives security for the stated account duties. The customer continues paying 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

Use the full board recipient in the actual security notice instead of shortening it to Glasgow or selecting another Electric Plant Board. Keep the account and legal customer with the request; the board title does not turn it into a construction bond.

There is one application option 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 deliver the document as instructed. Board acceptance, service activation and release of prior security remain separate.

Sources

Have these ready

  1. Board's written security request and accepted form.
  2. Legal customer, Kentucky service address and covered accounts.
  3. Required amount, effective date and delivery directions.

Questions about this bond

Can I name Glasgow without the board wording?

Use the full legal recipient specified in the board's request and accepted form.

Is this for building a power plant?

No. This offering concerns a utility customer's deposit-security obligation, not construction performance or payment.

Can another Electric Plant Board's amount be used?

Use the amount requested for the Glasgow account rather than another board's calculation.

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