Michigan License Law
Under Michigan law, a branch office operated by a broker must:
AHave its own separate license issued to the branch
BBe supervised by a licensed associate broker or the principal broker
CMaintain a separate trust account from the main office
DBoth A and B✓ Correct
Explanation
A Michigan branch office must obtain its own branch office license AND must be managed by either the principal broker or a licensed associate broker.
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State-Specific Concepts
Trust Account Rules
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