Iowa Code 633.116 – Abandonment of property
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Terms Used In Iowa Code 633.116
- Fiduciary: A trustee, executor, or administrator.
- property: includes personal and real property. See Iowa Code 4.1
633.116 Abandonment of property.
When any property is valueless, or is so encumbered, or in such condition, that it is of no benefit to the estate, the court may order the fiduciary to abandon it, or make such other disposition of it as may be suitable in the premises.
[C66, 71, 73, 75, 77, 79, 81, §633.116]
When any property is valueless, or is so encumbered, or in such condition, that it is of no benefit to the estate, the court may order the fiduciary to abandon it, or make such other disposition of it as may be suitable in the premises.
[C66, 71, 73, 75, 77, 79, 81, §633.116]