Joe, a Canton Broker, has three different trust accounts. Hans, another broker in town tells Joe that he thinks can only have one according to Michigan law. Joe says he needs them, and that it is not illegal for a broker to have more than one. Which of the following is true of this situation?
A. Joe can only maintain a single trust account Michigan
B. Joe can only maintain two trust accounts as long as the Department approves it
C. Brokers in Michigan may maintain more than one trust account if they want to, as long as all trust fund provisions are followed
D. Both A and B