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Iowa Code § 633A.5101

Charitable purposes

Known as the Iowa Trust Code

The act spans §§ 633A.1101 to 633A.6308 (136 sections).

Applied in 1 court decision — leading case Kolb v. City of Storm Lake (2007)

Most recently applied in Kolb v. City of Storm Lake (July 2007)

2005 Acts, ch 38, §54

1. A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, or any other purpose the accomplishment of which is beneficial to the community.

2. If the terms of the trust do not indicate a particular charitable purpose or beneficiaries, the trustee may select one or more charitable purposes or beneficiaries.

99 Acts, ch 125, §85, 109

C2001, §633.5101

CS2005, §633A.5101

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