Property Management
A Missouri property manager who collects rents and holds security deposits must maintain these funds in:
AA personal bank account
BA separate trust account distinct from operating funds✓ Correct
CA savings account in the manager's name
DCash in a safe
Explanation
Missouri property managers must maintain client funds (rents collected, security deposits) in a separate trust account. Commingling these with personal or operating funds is prohibited under Chapter 339 RSMo.
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