Rights of beneficiary, creditor, and assignee
Known as the Iowa Trust Code
The act spans §§ 633A.1101 to 633A.6308 (136 sections).
Applied in 2 court decisions — leading case Iowa Department of Human Services v. Eral (2009)
Most recently applied in In Re Estate of Gist (March 2009)
2004 Acts, ch 1015, §27; 2005 Acts, ch 38, §38, 54, 55 2008 Acts, ch 1119, §21; 2008 Acts, ch 1191, §131
To the extent a beneficiary’s interest is not subject to a spendthrift provision, and subject to sections 633A.2305 and 633A.2306, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary’s interest by levy, attachment, or execution of present or future distributions to or for the benefit of the beneficiary or other means.
99 Acts, ch 125, §22, 109
C2001, §633.2301
CS2005, §633A.2301
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.