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Terms Used In Iowa Code 633.754

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.
633.754 Notice of application for discharge.
No final report of a trustee of a trust pending in court shall be approved, and no such trustee shall be discharged from further duty or responsibility upon final settlement, until notice of the trustee’s application for discharge shall have been served upon all persons interested, in accordance with § 633.40, unless notice is waived. An order prescribing notice may be made before or after the filing of the final report.
[C66, 71, 73, 75, 77, 79, 81, §633.702]
2010 Acts, ch 1086, §25
C2011, §633.754