IDNLearn.com: Your trusted platform for finding precise and reliable answers. Join our knowledgeable community and access a wealth of reliable answers to your most pressing questions.
Which of the following must be followed when placing client trust funds into an interest-bearing trust fund account?
A. All the funds in the account must be covered by depository insurance provided by the DRE. B. Any interest earned on the funds in the account cannot be paid to the broker or a broker's licensee. C. The funds in the interest-bearing account must be kept together with funds belonging to the broker. D. The account is in the name of the escrow company as trustee for a specified beneficiary.
Sagot :
We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Your questions are important to us at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.
