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2017 Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 633A - IOWA TRUST CODE
Section 633A.2202 - Modification or termination by settlor and all beneficiaries.

Universal Citation: IA Code § 633A.2202 (2017)
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1 IOWA TRUST CODE, §633A.2202 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. 99 Acts, ch 125, §16, 109 C2001, §633.2202 2005 Acts, ch 38, §54 CS2005, §633A.2202 Referred to in §633A.2201, §633A.6301 Wed Feb 08 05:08:42 2017 Iowa Code 2017, Section 633A.2202 (11, 1)
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