Trust fund money in Montana must be deposited within how many days?
Question & Answer
Review the question and all answer choices
Three days
Five days
Five days is longer than Montana's requirement and may reflect requirements from other states or outdated regulations.
Seven days
Seven days is the timeframe for many states' trust accounting requirements, not Montana's deposit timeframe.
Ten days
Ten days is a common timeframe for various real estate compliance actions, but not for Montana's trust fund deposit requirement.
Why is this correct?
Within three business days of receipt.
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