Iowa Code 633.755 – Discharge
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Terms Used In Iowa Code 633.755
- 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.
633.755 Discharge.
Upon final settlement of a trust, an order shall be entered discharging the trustee from further duties and responsibilities. The order approving the final report shall constitute a waiver of the omission from the final report of any of the recitals required in § 633.753.
[C66, 71, 73, 75, 77, 79, 81, §633.703]
2010 Acts, ch 1086, §25
C2011, §633.755
Upon final settlement of a trust, an order shall be entered discharging the trustee from further duties and responsibilities. The order approving the final report shall constitute a waiver of the omission from the final report of any of the recitals required in § 633.753.
[C66, 71, 73, 75, 77, 79, 81, §633.703]
2010 Acts, ch 1086, §25
C2011, §633.755