Montana License Law
A Montana broker's failure to make required trust account disclosures to the Board during an audit would constitute a violation of which rule?
AThe Montana Clean Air Act
BMontana license law record-keeping and trust account requirements under MCA Title 37 Chapter 51 and Board rules✓ Correct
CFederal RESPA requirements
DThe Montana Subdivision and Platting Act
Explanation
Trust account record-keeping and disclosure requirements are governed by Montana license law (MCA Title 37 Chapter 51) and the Board's administrative rules. Failure to maintain or disclose required records during an audit is a license law violation.
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