Trust terms control
Known as the Iowa Trust Code
The act spans §§ 633A.1101 to 633A.6308 (136 sections).
Applied in 1 court decision — leading case Corrado v. Life Investors Insurance Co. of America (2018)
Most recently applied in Corrado v. Life Investors Insurance Co. of America (January 2018)
2003 Acts, ch 95, §7; 2004 Acts, ch 1015, §26; 2005 Acts, ch 38, §54
The terms of a trust shall always control and take precedence over any section of this trust code to the contrary. If a term of the trust modifies or makes any section of this trust code inapplicable to the trust, the common law shall apply to any issues raised by such term.
99 Acts, ch 125, §5, 109
C2001, §633.1105
CS2005, §633A.1105
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.