North Dakota Real Estate Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

The correct answer pertains to section 54-44-12, which outlines the procedures and regulations regarding the finalization of all moneys or fees collected by the commission. This section is crucial as it establishes the accounting and disbursement processes that ensure financial integrity and compliance with state regulations.

It specifically details how the commission must handle funds, including requirements for record-keeping, reporting, and the appropriate use of these collected fees. Such integrity in financial management is essential for maintaining public trust and ensuring that the commission operates within the legal framework established by North Dakota law.

In contrast, the other sections mentioned may address different aspects of commission responsibilities or other regulatory requirements, but they do not specifically focus on the finalization process for collected funds. This distinction makes 54-44-12 the relevant and correct choice regarding the management of moneys or fees collected by the commission.