Who may be a signer on a property management trust account?

The broker may authorize either a licensee or an unlicensed natural person in the direct employ of the broker to transfer monies or to be a signatory on the property management trust account. (A.R.S. § 32-2174.C) Therefore, if a licensee has ownership of one brokerage with a trust account (“Brokerage A”) but is licensed under another brokerage (“Brokerage B”), the licensee / owner may not be a signer on the broker’s trust account for Brokerage A.