Missouri License Law
In Missouri, which of the following items in a broker's trust account is permissible?
AThe broker's own funds for operating expenses
BA minimal amount of broker funds needed to maintain the account open (per MREC rules)✓ Correct
CCommission payments before they are earned
DPersonal savings of the salesperson
Explanation
Missouri MREC rules allow a broker to maintain a minimal amount of their own funds in the trust account to cover bank fees and keep the account open, but prohibit general commingling of client and broker funds.
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