An out-of-state bank or a trust company chartered or organized under the laws of another state may only act in a fiduciary capacity in this state if it satisfies the requirements for nonresident corporate fiduciaries pursuant to section 633.64.
Iowa Code § 524.1005A
Nonresident corporate fiduciaries
Known as the Iowa Banking Act
The act spans §§ 524.1001 to 524.913 (225 sections).
2022 Acts, ch 1062, §96
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.