La. Admin. Code tit. 46 § LXVII-2703
Current through Register Vol. 50, No. 12, December 20, 2024
Section LXVII-2703 - Non-Resident Broker RequirementsA. Non-resident brokers shall open and maintain sales escrow checking accounts, rental trust checking accounts, and security deposit checking accounts, as provided in §2701 of this Chapter; however, these accounts shall be opened and maintained in a Louisiana financial institution or a financial institution located in the resident state of the broker.La. Admin. Code tit. 46, § LXVII-2703
Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:44 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1451 (August 2006), LR 37:3005 (October 2011).AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.