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Tennessee bonds

Tennessee — Shelbyville Power, Water & Sewerage Systems Bond In Lieu Of Deposit

Check the actual Shelbyville Power, Water & Sewerage Systems request before using this Bond in Lieu of Deposit offering.

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Recorded state
Tennessee
Bond type
Utility Deposit Bond
Category
Utilities

What this bond does

An accepted bond may provide the requested account security; the title does not establish automatic cash-deposit replacement.

Who needs it
Customers whose Tennessee security request matches the full Systems recipient and this offering.
Who it protects
The recipient in the accepted form receives account-payment security. You still owe service 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

Confirm whether the utility will accept this bond for your account and whether it replaces unpaid deposit security or can release cash already held. Use the full Systems recipient and actual power, water or sewerage account scope; the combined name does not include all services automatically.

One Propeller application opens through Purchase Now in a new tab, without fixed amounts or terms. Prepare the legal customer, accepted form, required amount and effective date. After issuance, check and deliver the document as instructed. Acceptance, cash release and service activation remain separate.

Sources

Have these ready

  1. Actual Systems request, accepted form and instructions for security replacement.
  2. Legal customer, Tennessee locations and covered service accounts.
  3. Required amount, effective date and delivery directions.

Questions about this bond

Does in Lieu of Deposit mean cash is automatically refunded?

No. Confirm eligibility, acceptance and any cash-release procedure directly.

Is a power-only offering equivalent?

Match the full recipient and actual service/account scope rather than assuming equivalence.

Does applying activate all services?

No. Issuance, utility acceptance and service requirements are separate.

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