Iowa Code 633.667 – Payment of claims in insolvent conservatorships
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Terms Used In Iowa Code 633.667
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
633.667 Payment of claims in insolvent conservatorships.
When it appears that the assets in a conservatorship are insufficient to pay in full all the claims against such conservatorship, the conservator shall report such matter to the court, and the court shall, upon hearing, with notice to all persons who have filed claims in the conservatorship, make an order for the pro rata payment of claims giving claimants the same priority, if any, as they would have if the ward were not under conservatorship.
[R60, §1455; C73, §2278; C97, §3227; C24, 27, 31, 35, 39, §12630; C46, 50, 54, 58, 62,
§670.18; C66, 71, 73, 75, 77, 79, 81, §633.667]
When it appears that the assets in a conservatorship are insufficient to pay in full all the claims against such conservatorship, the conservator shall report such matter to the court, and the court shall, upon hearing, with notice to all persons who have filed claims in the conservatorship, make an order for the pro rata payment of claims giving claimants the same priority, if any, as they would have if the ward were not under conservatorship.
[R60, §1455; C73, §2278; C97, §3227; C24, 27, 31, 35, 39, §12630; C46, 50, 54, 58, 62,
§670.18; C66, 71, 73, 75, 77, 79, 81, §633.667]