Montana License Law
In Montana, a 'designated broker' of a real estate company is responsible for:
AHandling only commercial transactions
BEnsuring compliance with all applicable laws and regulations for all licensees in the brokerage and for all trust account activities✓ Correct
CManaging only the brokerage's finances
DSupervising only their own transactions
Explanation
The designated broker (principal broker) in a Montana real estate company bears overall responsibility for the brokerage's compliance with Montana license law, supervision of all licensees, and proper maintenance of all trust accounts.
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