Montana License Law
Under Montana license law, a broker who has received earnest money must deposit it into the trust account:
ABy the close of the next banking day after receipt✓ Correct
BWithin 3 business days of receipt
CBy the end of the calendar month
DWithin 24 hours on weekdays only
Explanation
Montana rules require brokers to deposit trust funds (including earnest money) into a trust account by the close of the next banking day after receipt to protect client funds and maintain proper accounting.
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