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Georgia bonds

Georgia — Amicalola Electric Membership Corporation Utility Deposit Bond

Prepare Amicalola Electric Membership Corporation deposit security with the customer and electric accounts in its request. Confirm the required amount and accepted form before applying.

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Recorded state
Georgia
Category
Utilities

What this bond does

The offering concerns electric-customer payment security under the corporation's accepted bond.

Who needs it
Amicalola Electric customers directed to arrange utility deposit-bond security.
Who it protects
The corporation in the accepted form receives security for the stated account duties. The customer still pays 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

If one owner has several premises or businesses, keep the legal customer for each requested account clear. Common ownership does not establish that one document secures every account. Use Amicalola's full recipient wording and the accounts the notice actually includes.

One application option 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 bond as instructed; utility acceptance, membership and power-service steps remain separate.

Sources

Have these ready

  1. Corporation's written security request and accepted form.
  2. Legal customer for the covered Georgia accounts, service addresses and account references.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does common ownership combine my accounts automatically?

No automatic combined coverage is established. Have Amicalola and the provider confirm the legal customer and required account scope.

Can I use my personal name for a business account?

Use the legal customer the utility asks to secure, even when an owner signs the application.

Does applying complete membership?

The provider application concerns the bond. Complete any separate membership and service requirements with the corporation.

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