2022 Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 633A - IOWA TRUST CODE
Section 633A.4605 - Liability for wrongful taking, concealing, or disposing of trust property.

Universal Citation: IA Code § 633A.4605 (2022)

633A.4605 Liability for wrongful taking, concealing, or disposing of trust property.

A person who, in bad faith, wrongfully takes, conceals, or disposes of trust property is liable for twice the value of the property, attorney fees, court costs, and where consistent with existing law, punitive damages, recoverable in an action by a trustee for the benefit of the trust.

99 Acts, ch 125, §83, 109

C2001, §633.4605

2005 Acts, ch 38, §54

CS2005, §633A.4605

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