Iowa Code § 633.158
Liability for property not a part of estate
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2022
As of January 1, 2012
Every fiduciary shall be chargeable in the fiduciary’s accounts with property not a part of the estate that comes into the fiduciary’s hands at any time, and shall be liable to the persons entitled thereto, if:
Every fiduciary shall be chargeable in the fiduciary’s accounts with property not a part of the estate that comes into the fiduciary’s hands at any time, and shall be liable to the persons entitled to the property, if either of the following applies:
1. The property was received under a duty imposed upon the fiduciary by law in the capacity of fiduciary; or
1. The property was received under a duty imposed upon the fiduciary by law in the capacity of fiduciary.
2. The fiduciary has commingled such property with the assets of the estate.
2. The fiduciary has commingled the property with the assets of the estate.
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.