IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam

Under Illinois administrative rules (68 Ill. Adm. Code 1440.270), how long must an auctioneer retain trust account bank statement reconciliations?

1 year 3 years from the last day of the month covered by the reconciliation 5 years 7 years

3 years from the last day of the month covered by the reconciliation

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