North Carolina — Union Power Cooperative Utility Deposit Bond
Prepare Union Power Cooperative deposit security with the customer and accounts in its North Carolina request. Have the accepted form and required amount ready.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- North Carolina
- Category
- Utilities
What this bond does
The offering concerns electric-customer payment security under the accepted cooperative bond.
- Who needs it
- Customers with a Union Power security notice matching this offering.
- Who it protects
- The cooperative receives security for the stated account duties. You continue paying electric bills.
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.
Sources
- Texas Department of Insurance: general surety bond parties (opens in a new tab)Checked October 23, 2026
Have these ready
- Current cooperative security request and accepted form.
- Legal customer, North Carolina locations and covered accounts.
- Required amount, effective date and delivery instructions.
Questions about this bond
Can commonly owned businesses share security automatically?
Use the legal customer and account scope specified by the accepted request and form.
Should the signer replace the account customer?
Keep the authorized signer and legal account customer distinct.
Does applying refund cash security?
Not automatically. Confirm acceptance and any release process with Union Power.