Kansas License Law
In Kansas, a real estate broker's trust account must be maintained at a:
AFederally insured financial institution in Kansas✓ Correct
BAny financial institution worldwide
CKREC-approved depository in Topeka
DThe state treasurer's office
Explanation
Kansas requires that broker trust accounts be maintained at a federally insured financial institution (bank, savings institution, or credit union) authorized to do business in Kansas.
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State-Specific Concepts
Trust Account Rules
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