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Ohio — Butler Rural Electric Cooperative Utility Deposit Bond

Arrange deposit security for a Butler Rural Electric Cooperative account in Ohio. Use the cooperative's account-specific request and accepted bond wording before ordering the security.

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Continue to our secure checkout partner, Propeller (opens in a new tab).

Recorded state
Ohio
Category
Utilities

What this bond does

This bond supports the account-payment obligation described in the cooperative's deposit form. It is a surety alternative when the cooperative accepts that security for the account.

Who needs it
Butler Rural Electric Cooperative customers arranging an accepted utility deposit bond.
Who it protects
The cooperative named in the account request receives the security. The bond does not provide outage reimbursement or insure electrical equipment.

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.

Identify the Ohio cooperative and service account

This offering names Butler Rural Electric Cooperative in southwest Ohio, whose office is in Oxford. It is not a bond for a similarly named cooperative in another state.

Prepare the account holder's legal identity, service address and written deposit requirement. Use the actual cooperative name and account reference on the application.

Coordinate security with service setup

The cooperative's start-service guide describes a utility credit check to determine whether a deposit is needed. Membership and service establishment remain separate steps.

For the bond, use the security amount and terms requested for your account. Do not substitute a membership fee, estimated monthly bill or another utility's deposit formula.

Apply for the accepted account security

Purchase Now opens Propeller's application for Ohio Butler Rural Electric in a new tab. Have the cooperative's requested amount and account information ready. This page has one application option, without fixed amount or term selections.

After the provider issues the bond, review the names and deliver it to the cooperative for acceptance. Complete service setup separately. Continue bill payments and coordinate any account closure, replacement or release under the utility's instructions.

Sources

Have these ready

  1. Ohio cooperative account and service address.
  2. Legal account holder name.
  3. Accepted surety form and written deposit amount.
  4. Service start and security-delivery instructions.

Questions about this bond

Is this for the Kansas cooperative?

No. This product identifies Butler Rural Electric Cooperative in Ohio.

Does every new account owe a deposit?

The cooperative's start-service guide says a utility credit check determines whether a deposit is needed.

Does the bond establish membership?

No. Complete the cooperative's membership and service setup separately.

Does bond purchase replace monthly payments?

No. Continue paying the account. The bond secures the obligations in its terms.

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