2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633A - IOWA TRUST CODE
633A.2202 - MODIFICATION OR TERMINATION BY SETTLOR AND ALL BENEFICIARIES.

        633A.2202  MODIFICATION OR TERMINATION BY SETTLOR AND
      ALL BENEFICIARIES.
         1.  An irrevocable trust may be modified or terminated upon the
      consent of the settlor and all of the beneficiaries.
         2.  Upon termination of the trust, the trustee shall distribute
      the trust property as agreed by the settlor and all beneficiaries, or
      in the absence of unanimous agreement, as ordered by the court.
         3.  For purposes of this section, the consent of a person who may
      bind a beneficiary or otherwise act on a beneficiary's behalf is
      considered the consent of the beneficiary.  
         Section History: Recent Form
         99 Acts, ch 125, §16, 109
         C2001, §633.2202
         2005 Acts, ch 38, §54
         CS2005, §633A.2202
         Referred to in § 633A.2201, 633A.6301

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