Wyoming License Law
A Wyoming broker who manages several properties may keep all client trust funds in a single master trust account if:
AThis is prohibited; separate accounts are required for each client
BSeparate accounting ledgers are maintained for each client's funds within the master account✓ Correct
CThe total balance never exceeds $100,000
DAll clients have consented in writing to the shared account
Explanation
Wyoming allows a single master trust account to hold multiple clients' funds, provided that separate accounting ledgers are maintained for each client. The ledger system must allow the broker to identify each client's funds at any time and reconcile the total against the bank balance.
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