A trustee may only incur costs that are reasonable in relation to the trust property, purposes, and other circumstances of the trust.
99 Acts, ch 125, §50, 109
C2001, §633.4204
CS2005, §633A.4204
Costs of administration
Known as the Iowa Trust Code
The act spans §§ 633A.1101 to 633A.6308 (136 sections).
2005 Acts, ch 38, §54
A trustee may only incur costs that are reasonable in relation to the trust property, purposes, and other circumstances of the trust.
99 Acts, ch 125, §50, 109
C2001, §633.4204
CS2005, §633A.4204
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.