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Mississippi bonds

Tupelo Water & Light Department, MS — Utility Deposit Bond

Prepare Tupelo Water & Light Department deposit security with the customer and accounts in its request. Confirm the accepted form and required amount before applying.

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Recorded state
Mississippi
Category
Utilities

What this bond does

The offering concerns utility-account payment security under the department's accepted bond.

Who needs it
Department customers directed to provide deposit-bond security for specified Mississippi accounts.
Who it protects
The recipient in the accepted document receives security for the stated customer obligation. Service bills remain payable.

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

Have the department identify the water and light accounts the request includes. Its combined name does not establish that one bond secures both services or every premises. Use the full legal recipient wording from the notice rather than substituting a city name.

One application option is offered without preset amounts or terms. Prepare the required amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check and submit the bond as instructed; department acceptance, service activation and release of previous security are separate.

Sources

Have these ready

  1. Department's written security request and accepted form.
  2. Legal customer, Mississippi service addresses and covered accounts/services.
  3. Required amount, effective date and delivery directions.

Questions about this bond

Are water and light automatically secured together?

Use the services and accounts identified by the request and accepted form. The department name alone does not establish combined coverage.

Can I name the city instead of the department?

Use the legal recipient wording in the actual security request.

Does applying refund a paid deposit?

No. Confirm bond acceptance and any process for releasing existing cash security with the department.

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