2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.2201 - TERMINATION OF TRUST.

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        633A.2201  TERMINATION OF TRUST.
         1.  In addition to the methods specified in sections 633A.2202
      through 633A.2206, a trust terminates when any of the following
      occurs:
         a.  The term of the trust expires.
         b.  The trust purpose is fulfilled.
         c.  The trust purpose becomes unlawful or impossible to
      fulfill.
         d.  The trust is revoked.
         2.  On termination of a trust, the trustee may exercise the powers
      necessary to wind up the affairs of the trust and distribute the
      trust property to those entitled to the trust property.
         Section History: Recent Form
         99 Acts, ch 125, § 15, 109; 2000 Acts, ch 1150, §9
         C2001, §633.2201
         2002 Acts, ch 1107, §3; 2005 Acts, ch 38, §54, 55
         CS2005, §633A.2201

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