2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633 - PROBATE CODE
633.172 - WILL -- WAIVER OF BOND.

        633.172  WILL -- WAIVER OF BOND.
         1.  When, by the terms of the will, the testator has directed or
      expressed the desire that no bond shall be required, such direction
      or expression shall be construed to be a waiver of the posting of a
      bond by the fiduciary for all purposes, and no bond shall be required
      unless the court for good cause finds it proper to require one; if no
      bond is initially required, the court may nevertheless, for good
      cause, at any subsequent time require that a bond be given.
         2.  Unless otherwise required by the instrument creating the
      relationship, or by order of court, bank and trust companies shall
      not be required to provide any bond.  

         Section History: Early Form

         [C51, § 1276, 1316, 1317; R60, § 2308, 2348, 2349; C73, § 2321,
      2350, 2362, 2363; C97, § 3267, 3268, 3293, 3301; S13, § 3268; C24,
      27, 31, 35, 39, § 11828, 11838, 11876, 11887; C46, 50, 54, 58,
      62, § 631.10, 632.7, 633.32, 633.43; C66, 71, 73, 75, 77, 79, 81, §
      633.172] 

         Section History: Recent Form

         86 Acts, ch 1131, § 2
         Referred to in § 633.170, 633.175