Iowa Code 633A.4209 – Control and safeguarding of trust property
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Terms Used In Iowa Code 633A.4209
- property: includes personal and real property. See Iowa Code 4.1
- Trustee: A person or institution holding and administering property in trust.
633A.4209 Control and safeguarding of trust property.
A trustee shall take reasonable steps under the circumstances to take control of and to safeguard the trust property unless it is in the best interests of the trust to abandon or refuse acceptance of the property.
99 Acts, ch 125, §55, 109
C2001, §633.4209
2005 Acts, ch 38, §54
CS2005, §633A.4209
A trustee shall take reasonable steps under the circumstances to take control of and to safeguard the trust property unless it is in the best interests of the trust to abandon or refuse acceptance of the property.
99 Acts, ch 125, §55, 109
C2001, §633.4209
2005 Acts, ch 38, §54
CS2005, §633A.4209