Iowa Code 633.76A – Exception — voting of publicly traded securities
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Terms Used In Iowa Code 633.76A
- Fiduciary: A trustee, executor, or administrator.
633.76A Exception — voting of publicly traded securities.
Where there are two or more fiduciaries, a fiduciary may delegate to another fiduciary the power to vote publicly traded securities, unless the instrument creating the estate provides to the contrary. The delegating fiduciary shall not be personally liable for the manner in which such securities are voted by the fiduciary to whom the power is delegated.
91 Acts, ch 36, §2
Where there are two or more fiduciaries, a fiduciary may delegate to another fiduciary the power to vote publicly traded securities, unless the instrument creating the estate provides to the contrary. The delegating fiduciary shall not be personally liable for the manner in which such securities are voted by the fiduciary to whom the power is delegated.
91 Acts, ch 36, §2