LAC 46:LXVII.2709

LAC 46:LXVII.2709. Additional Accounts

Last amended: 2011Year: 2026Length: 82 wordsOfficial source

Cite as La. Admin. Code tit. 46, pt. LXVII, § 2709

A. Where the interest of the principal parties to a transaction or series of transactions would be served thereby, and with the prior written consent of the principal parties, a broker or non-resident broker may open an additional sales escrow checking account, rental trust checking account or security deposit trust checking account, as prescribed in §§2701 and 2703 of this Chapter, and shall deposit therein all funds received in trust on behalf of the parties to the transaction or series of transactions.
LAC 46:LXVII.2709: LAC 46:LXVII.2709. Additional Accounts | Justis AI