Georgia License Law
Under GREC rules, a Georgia broker who receives trust funds must deposit them in the escrow account by:
AImmediately upon receipt
BEnd of the same business day
CWithin 3 banking days of receipt✓ Correct
DWithin 5 business days of receipt
Explanation
Georgia requires that trust funds (such as earnest money) be deposited into the broker's trust account within 3 banking days of receipt.
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