109. A certificate holder referred to in section 108 shall open a single general trust account and as many special trust accounts as necessary, in which he shall deposit sums received on behalf of others in the course of his activities. He shall open those accounts in Québec with a financial institution whose deposits are guaranteed under the Deposit Insurance Act (chapter A-26) or insured under the Canada Deposit Insurance Corporation Act (R.S.C., 1985, c. C-3).