Oklahoma — Kay Electric Cooperative Utility Deposit Bond
Use Kay Electric Cooperative's account-security request to prepare this utility deposit bond. Identify the electric customer and meters or service locations the cooperative wants secured.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Oklahoma
- Category
- Utilities
What this bond does
This offering addresses the customer's electric-account payment obligation under Kay Electric's accepted bond form.
- Who needs it
- Kay Electric Cooperative customers directed to provide deposit-bond security for an Oklahoma account.
- Who it protects
- The cooperative named in the form receives security for the stated obligation. This is not outage insurance, and the customer continues 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
- Kay Electric's written bond request and accepted wording.
- Legal electric customer, service locations and covered meter/account references.
- Required amount, effective date and submission directions.
Questions about this bond
Should the person paying bills always apply?
Use the legal customer Kay Electric directs you to name. A bill payer, property owner and responsible account customer can be different parties.
Does one meter reference cover other locations?
Only rely on the accounts and locations identified in the accepted request and form. Have the cooperative clarify any wider scope.
Will the bond guarantee power restoration?
No. Resolve any service and balance requirements with Kay Electric. Issuing and accepting security are separate from restoring service.