A Utility Deposit Bond is accepted by the Middle Tennessee Electric Membership Corporation in the state of Tennessee. This Bond indicates the applicant (principal) has entered into agreement with the TMTEMC for electric service and the TMTEMC has agreed to accept this Bond in lieu of requiring a cash deposit. Therefore the applicant shall pay all dues faithfully and promptly to the obligee including full compliance of all local and state laws.
To learn more, please visit the Middle Tennessee Electric Membership Corporation website.
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What happens after I apply online for my Surety Bond?
Step #1: A Surety Bond underwriter will immediately review your application, if it has been fully completed.
Step #2: A friendly Surety Bond expert will reach out to you to explain your quote or request additional information.
Step #3: Once you accept your quote and pay any premium due, your Surety Bond will be issued and delivered immediately.