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Texas bonds

Texas — United Cooperative Services Utility Deposit Bond

Prepare United Cooperative Services deposit security using its request for your Texas utility account. Identify the legal customer and the particular services the bond must secure.

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Recorded state
Texas
Category
Utilities

What this bond does

The offering concerns customer-account payment security under a form the cooperative accepts, not every obligation associated with cooperative membership.

Who needs it
United Cooperative Services customers directed to provide a utility deposit bond.
Who it protects
The named cooperative receives security for the stated account duties. The bond does not pay routine bills or insure the customer's property.

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

Use the full United Cooperative Services recipient name in the request. The broad Services label does not establish that one bond covers every service or location. Have the cooperative identify the covered accounts and the legal customer responsible for them.

One application option is available without preset amounts or terms. Use the cooperative's required amount, accepted wording and effective date. Purchase Now opens Propeller in a new tab. After issuance, check the document and submit it as instructed. Confirm acceptance and finish membership or service setup separately as applicable.

Sources

Have these ready

  1. Cooperative's written security request and accepted form.
  2. Legal customer, Texas service locations and covered accounts.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does Services mean every account is covered?

No automatic combined coverage is established. Use the accounts and obligations specified in the accepted request and form.

Will applying establish membership?

The provider application concerns the bond. Complete the cooperative's membership and service requirements separately.

Can I use another United-named cooperative's instructions?

Match the full United Cooperative Services identity. A similar cooperative name does not establish the correct recipient or deposit rule.

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