If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.
99 Acts, ch 125, §66, 109
C2001, §633.4306
CS2005, §633A.4306
Iowa Code § 633A.4306
Impartiality
Known as the Iowa Trust Code
The act spans §§ 633A.1101 to 633A.6308 (136 sections).
2005 Acts, ch 38, §54
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.