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2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.4304 - DUTIES AT INCEPTION OF TRUSTEESHIP.

        633A.4304  DUTIES AT INCEPTION OF TRUSTEESHIP.
         Within a reasonable time after accepting a trusteeship or
      receiving trust property, a trustee shall review the trust property
      and make and implement decisions concerning the retention and
      disposition of assets, in order to bring the trust portfolio into
      compliance with the purposes, terms, distribution requirements, and
      other circumstances of the trust, and with the requirements of this
      part.
         Section History: Recent Form
         99 Acts, ch 125, §64, 109
         C2001, §633.4304
         2005 Acts, ch 38, §54, 55
         CS2005, §633A.4304

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