Utah License Law
Commingling of trust funds in Utah means:
ADepositing client funds in a federally insured account
BMixing client earnest money or other trust funds with the broker's personal or operating funds✓ Correct
CKeeping separate accounts for each client
DInvesting trust funds in approved securities
Explanation
Commingling is the illegal mixing of client trust funds (earnest money, rents, security deposits) with the broker's personal or business operating funds. It is a serious license law violation in Utah and can result in license revocation.
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