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Iowa Code § 633A.4804

Excluded fiduciary’s liability for loss if trust protector appointed

Redline — January 1, 2021 → current.View current text →
Current — January 1, 2022
As of January 1, 2021
If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon the trust protector’s direction.
If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon the trust protector’s direction.
NEW section

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