Section 18.034. Account designation.  


Latest version.
  • (1) Name on trust account. A broker shall name the broker's real estate trust account with the name appearing on the broker's license or with a trade name submitted to the department under s. REEB 23.03 and shall include the words "trust account" in the name of the account.
    (2) Name on checks. A broker shall imprint the name of the real estate trust account on real estate trust account checks, share drafts or drafts.
Cr. Register, August, 1994, No. 464 , eff. 9-1-94; correction in (1) made under s. 13.92 (4) (b) 7. , Stats., Register November 2011 No. 671 ; CR 13-072 : cr. (1) (title) Register May 2014 No. 701 , eff. 7-1-14.