Indiana License Law
Indiana brokers who operate as sole proprietors (managing brokers without affiliated agents) must still:
AMaintain a separate trust account for client funds✓ Correct
BPost a surety bond of $50,000
CHave at least one affiliated broker
DOperate from a commercial office space
Explanation
All Indiana brokers, including sole proprietors operating without affiliated agents, must maintain a separate trust account for any client funds they handle in connection with real estate transactions.
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