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Iowa Code § 633.183

Authority for fiduciary and surety to enter into agreement for deposit of property or joint control

Known as the Iowa Probate Code

The act spans §§ 633–633 (527 sections).

[C66, 71, 73, 75, 77, 79, 81, §633.183]

It shall be lawful for the fiduciary to agree with the fiduciary’s surety for the deposit of any or all moneys and other property of the estate with a bank, safe deposit or trust company, authorized by law to do business as such, or other depository approved by the court, if such deposit is otherwise proper, in such manner as to prevent the withdrawal of such moneys or other property without the written consent of the surety, or on order of the court made on such notice to the surety as the court may direct.

Deposit and joint control agreements, see also §636.47

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.