Property Management
Security deposits collected from tenants in Louisiana must be:
ADeposited in the property manager's personal bank account
BHeld in a separate trust or escrow account✓ Correct
CInvested in stocks to earn returns for the owner
DPaid directly to the property owner at lease signing
Explanation
Security deposits must be held in a separate trust or escrow account, separate from the property manager's own funds, to protect tenant interests and comply with Louisiana landlord-tenant law.
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