There is a newer version of the Iowa Code
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
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.