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Oklahoma bonds

Oklahoma — Verdigris Valley Electric Cooperative, Inc Electric Utility Deposit Bond

Prepare Verdigris Valley Electric Cooperative security from the actual Oklahoma electric-account deposit request.

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Recorded state
Oklahoma
Category
Utilities

What this bond does

The offering secures customer-payment duties under the cooperative's accepted form.

Who needs it
Customers whose actual Verdigris Valley Electric security request matches this offering.
Who it protects
The named cooperative receives account security. You still pay 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

Match the full cooperative recipient and legal customer, not the valley name or Oklahoma location alone. For multiple meters, keep the account references and requested scope together rather than assuming a bond for one site includes the rest.

Purchase Now opens one Propeller application in a new tab, without preset amounts or terms. Prepare the accepted form, required amount and effective date. After issuance, check and deliver the bond as instructed. Acceptance, membership requirements, power activation and cash release remain separate.

Sources

Have these ready

  1. Current cooperative security notice and accepted form.
  2. Legal customer, Oklahoma service locations and covered accounts/meters.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does a valley address establish the utility?

Match the full legal cooperative recipient and actual request.

Does one meter's security include every site?

Use the covered accounts in the accepted request and form.

Does applying refund a deposit?

Not automatically. Confirm acceptance and cash-release instructions with the cooperative.

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