SC trust account

[Cole Oraham]

I work for a medium sized community (240 tenants). We are owned and managed within the company (no property management company manages us). We had a retired broker holding our trust account since the complex opened. Recently he and the company parted ways, so we no longer have access to his trust account and need to get the funds transferred. My question is this: can we operate our own trust account for the security deposits without a broker since we are owned and managed independently, or do we need to hire a broker or other escrow holder to operate a trust account for us? We have our own full time bookkeeper also. I don't want to forfeit my sales license to become a PMIC. I called the SC real estate commission. They were no help at all and referred me to the landlord/tenant act. I have read it up and down and am clueless. Thank you all in advance for any help!!!