This chapter applies to every trust or decedent’s estate on and after July 1, 2000, except as otherwise expressly provided in the will, the terms of the trust, or this chapter. Notwithstanding any Code provision to the contrary, the provisions of this chapter shall prevail over any other applicable Code provision.
Iowa Code § 637.701
Application of chapter to existing trusts and estates — chapter prevails
Known as the Uniform Principal and Income Act
The act spans §§ 637–637 (45 sections).
2002 Acts, ch 1086, §20, 21
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.