WHICH OF THE FOLLOWING IS NOT TRUE ABOUT THE BUILD$-$UP$-$FUNDS?

a$)$ Build$-$up$-$funds received shall be immediately deposited to the build$-$up$-$funds trust account

b$)$ Build up funds may exceed $40$ percent of the premium as established by the agents contract agreement with the insurer of managing general agent

c$)$ Insurers must provide copies of build$-$up$-$fund account bank statements to their agents and agencies.

d$)$ None of the above is untrue

Question $29$ of $101$

$44m22$ s remaining