How do I add/remove bond companies?
Add or remove bond companies to maintain accurate records of the organizations responsible for financing, servicing, or managing assessment-related bonds.
Keeping bond company information up to date helps ensure that bond-related transactions, reporting, and account management activities are associated with the correct organization. This supports accurate recordkeeping and helps staff access the appropriate bond company information when needed.
What Happens When You Add or Remove Bond Companies?
When a bond company is added:
A new bond company record is created.
The company becomes available for use in bond-related processes.
Bond information can be associated with the appropriate organization.
When a bond company is removed:
The company is no longer available for future bond-related assignments.
Bond company records are updated to reflect current relationships.
Obsolete or unused company records can be eliminated.
When Should You Add or Remove Bond Companies?
Add or remove bond companies when:
A new bond company begins servicing or managing district bonds.
A bond company relationship has ended.
Company information needs to be updated or corrected.
Duplicate or inactive bond company records need to be cleaned up.
Organizational changes require updates to bond management records.
Before You Add or Remove Bond Companies
Review the following information before proceeding:
The bond company name and details
Active bonds associated with the company
Existing district and account relationships
Any pending transactions or reporting requirements
Organizational policies regarding bond company maintenance
Verifying this information helps ensure that bond records remain accurate and that bond-related processes continue without interruption.
Note: Adding or removing a bond company affects bond management records and available company selections. Review related bond activity and associations before completing this process.
Add a bond company
Create a new record for a bond company.
Do this...
1. Open Connect Property Improvements > Organization > Bond Companies.
2. Click New (CTRL+N).
3. Fill in the bond company properties.
4. Click Save (CTRL+S).
The bond company is saved.
Change a bond company
Edit the properties assigned to a bond company.
Do this..
1. Open Connect Property Improvements > Organization > Bond Companies.
2. Use the Lookup bar to enter a bond company name or number. Press Enter.
3. Change the properties on the record.
4. Click Save (CTRL+S).
The bond company is updated.
Delete a bond company
You cannot remove a bond company when related transactions exist.
Do this...
1. Open Connect Property Improvements > Organization > Bond Companies.
2. Use the Lookup bar to enter a bond company name or number. Press Enter.
3. Click Delete (CTRL+D).
The bond company is deleted.
Options
Address, telephone, and email
An address is a set of directions for delivery of letters and packages. Use a ten-digit telephone number (801) 555-5555 to enter telephone and fax numbers. Use a typical name@organization.org format to enter the email address.
Bond company name
A Bond Company Name is a word or phrase that constitutes the distinctive designation of an organization that issues bonds.
Bond company number
The Bond Company Number is a unique number assigned to the bond company.
Contact name
A contact is a person serving as a go-between or connection, with a special responsibility to serve an account or a customer.
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