North Carolina License Law
The NCREC can take disciplinary action against a licensee for all of the following EXCEPT:
AMisrepresentation to a client
BCommingling trust funds
CFiling for personal bankruptcy✓ Correct
DFailing to disclose a known material defect
Explanation
Personal bankruptcy is not a grounds for license discipline by the NCREC. Misrepresentation, commingling, and failure to disclose material defects are all disciplinary violations.
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