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Code · Iowa · Chapter 633A — Iowa Trust Code

633A.2104 Trust purposes.

49 words·~1 min read·/ia/chapter-633a-iowa-trust-code/633a-2104

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. A trust is created only if it has a private or charitable purpose that is not unlawful or against public policy.
2. A trust created for a private purpose must be administered for the benefit of its beneficiaries.
99 Acts, ch 125, §11, 109
C2001, §633.2104
CS2005, §633A.2104
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