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South Carolina Utility Bond (Duke Energy)

South Carolina Utility Bond (Duke Energy)

In the state of South Carolina a Utility Deposit Bond is available, for Duke Energy. This Bond is accepted as a replacement to a cash deposit and states that the applicant (Principal) has entered into contract with Duke Energy to be supplied utilities. The Bond states the applicant will comply fully with the terms of their contract and will pay fully and promptly for any and all services received.