How many trust accounts can a Responsible Broker maintain?

A Responsible Broker in South Dakota is permitted to maintain as many trust accounts as they deem necessary. This provides the flexibility to manage various transactions, clients, or types of funds as required by their business practices.

The ability to maintain multiple trust accounts can be advantageous in various scenarios, such as holding earnest money for different transactions or segregating funds for particular clients or projects. Additionally, having several accounts can also help in organizing and safeguarding clients' monetary holdings, ensuring a clearer audit trail and helping to comply with fiduciary responsibilities.

The other options suggest limitations that are not present in the regulations governing Responsible Brokers in South Dakota, which is why they do not align with the legal framework for trust accounts in real estate practice.