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Question

In California can a property management trust put funds into an interest bearing brokerage account?

Submitted: 496 days and 21 hours ago.
Category: Finance
Value: $20
Status: CLOSED

Accepted Answer

Dear Patrick,

Thank you for your question.

In California, the property management trust can be put into an interest bearing account if it is requested by the principle, in writing.

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Expert: Ed Johnson
Pos. Feedback: 100.0 %
Accepts: 
Answered: 7/17/2008

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