2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.5102 - APPLICATION OF CY PRES.

        633A.5102  APPLICATION OF CY PRES.
         Unless the terms of the trust provide to the contrary the
      following apply:
         1.  A charitable trust does not fail, in whole or in part, if a
      particular purpose for which the trust was created becomes
      impracticable, unlawful, or impossible to fulfill.
         2.  If a particular charitable purpose for which a trust was
      created becomes impracticable, unlawful, or impossible to fulfill,
      the court may modify the terms of the trust or direct that the
      property of the trust be distributed in whole or in part in a manner
      best meeting the settlor's general charitable purposes.  If an
      administrative provision of a charitable trust becomes impracticable,
      unlawful, impossible to fulfill, or otherwise impairs the effective
      administration of the trust, the court may modify the provision.  
         Section History: Recent Form
         99 Acts, ch 125, §86, 109
         C2001, §633.5102
         2005 Acts, ch 38, §54
         CS2005, §633A.5102

Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.