In many states rental deposits are to be kept in a bank account separate from the landlord's general funds.

Name: In many states rental deposits are to be kept in a bank account separate from the landlord's general funds.
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Many states have laws that require landlords to keep rental deposits in a separate bank account from their general funds. This is to protect tenants from the landlord using the deposit for other purposes and not being able to return it at the end of the lease.

In Many States Rental Deposits Are to Be Kept in a Bank