If you need to furnish a bond in as a as a condition of receiving electric utilities from the Duck River Electric Membership Corporation, you will need to fill out this application in order to receive a Tennessee Duck River Electric Utility Bond..
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Tennessee Duck River Electric Utility Bond holds you accountable for your business decisions.
By possessing a Tennessee Duck River Electric Utility Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.