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Title 12 . Professional and Vocational Regulations
Chapter 64 . Real Estate Commission
Section 200. Deposit to trust account

12 AAC 64.200. Deposit to trust account

All money deposited with the broker or person employed by or affiliated with the broker as trustee in real estate transactions must be deposited in or mailed to the appropriate trust account within five days following receipt unless factors such as geographical location, weather conditions, or transportation facilities make such depositing impossible or unreasonable.

History: Eff. 1/19/78, Register 65; am 2/12/99, Register 149

Authority: AS 08.88.081

AS 08.88.351


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Last modified 7/05/2006