Iowa Code 633.349 – Security to sustain devise or bequest
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Terms Used In Iowa Code 633.349
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- property: includes personal and real property. See Iowa Code 4.1
633.349 Security to sustain devise or bequest.
When a person by will makes such a disposition of the person’s property as to prejudice the rights of creditors, the will may be sustained, by giving security to the satisfaction of the court for the payment of the debts and charges to the extent of the value of the property devised.
[C51, §1339; R60, §2371; C73, §2384; C97, §3320; C24, 27, 31, 35, 39, §11930; C46, 50, 54,
58, 62, §635.19; C66, 71, 73, 75, 77, 79, 81, §633.349]
When a person by will makes such a disposition of the person’s property as to prejudice the rights of creditors, the will may be sustained, by giving security to the satisfaction of the court for the payment of the debts and charges to the extent of the value of the property devised.
[C51, §1339; R60, §2371; C73, §2384; C97, §3320; C24, 27, 31, 35, 39, §11930; C46, 50, 54,
58, 62, §635.19; C66, 71, 73, 75, 77, 79, 81, §633.349]