A broker shall establish a trust account with a bank located in this state, and must comply with Minnesota Statutes, section 327B.08, subdivisions 3 to 5. The trust account information must be submitted on a form furnished by the commissioner.
Minn. R. agency 151, ch. 1350, LICENSING OF MANUFACTURERS, DEALERS, LIMITED DEALERS, AND DEALERS' SUBAGENCIES, pt. 1350.7500
Statutory Authority: MS s 327B.10