2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.3105 - RIGHTS OF AND CLAIMS AGAINST HOLDER OF GENERAL POWER OF APPOINTMENT.

        633A.3105  RIGHTS OF AND CLAIMS AGAINST HOLDER OF
      GENERAL POWER OF APPOINTMENT.
         1.  The holder of a presently exercisable general power of
      appointment over trust property has the rights of a holder of the
      power to revoke a trust under section 633A.3103 to the extent of the
      property subject to the power.
         2.  Property in trust subject to a presently exercisable general
      power of appointment is chargeable with the debts of the holder and
      charges of the holder's estate to the same extent as if the holder
      was a settlor and the power of appointment was a power of revocation.
      
         Section History: Recent Form
         99 Acts, ch 125, §29, 109
         C2001, §633.3105
         2005 Acts, ch 38, §54, 55
         CS2005, §633A.3105
         2006 Acts, ch 1104, §7

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