299 Neb. Admin. Code, ch. 3, § 001

Current through September 17, 2024
Section 299-3-001

A designated broker shall maintain a trust account as provided in § 81-885.21 unless a waiver of the trust account requirement has been approved by the Director. When reviewing a waiver application the Director may consider the volume of transactions the broker completes as well whether audit reports on the broker indicate the required use of a trust account. A designated broker who obtains a trust account waiver shall be required to maintain complete and accurate record of all client funds they may receive or distribute.

299 Neb. Admin. Code, ch. 3, § 001