Nebraska License Law
Nebraska law requires that real estate trust accounts (escrow accounts) be maintained:
AAt the Nebraska Real Estate Commission's designated bank
BIn a federally insured financial institution in Nebraska, separate from operating accounts✓ Correct
CIn any personal checking account of the broker
DOnly at credit unions approved by the state
Explanation
Nebraska brokers must maintain trust/escrow accounts in federally insured depository institutions in Nebraska, and these accounts must be completely separate from the broker's personal and operating accounts.
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