Kentucky License Law
Conversion of trust funds in Kentucky refers to:
AConverting a trust account to a checking account
BUnauthorized use of client funds for the licensee's own purposes✓ Correct
CTransferring money between two client accounts
DConverting foreign currency for an international client
Explanation
Conversion is the unauthorized use of client (escrow/trust) funds by the licensee for their own personal or business purposes, which is a serious violation that can result in license revocation.
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