2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.4109 - COMPENSATION OF TRUSTEE.

        633A.4109  COMPENSATION OF TRUSTEE.
         1.  If the terms of the trust do not specify the trustee's
      compensation, a trustee or cotrustee is entitled to compensation that
      is reasonable under the circumstances.
         2.  If the terms of the trust specify the trustee's compensation,
      the trustee is entitled to be compensated as so provided, except that
      upon proper showing, the court may allow more or less compensation in
      the following instances:
         a.  If the duties of the trustee are substantially different
      from those contemplated when the trust was created.
         b.  If the compensation specified by the terms of the trust
      would be inequitable, or unreasonably low or high.
         c.  In extraordinary circumstances calling for equitable
      relief.  
         Section History: Recent Form
         99 Acts, ch 125, §44, 109
         C2001, §633.4109
         2005 Acts, ch 38, §54
         CS2005, §633A.4109

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