633A.2303 Spendthrift trusts for the benefit of settlor.
51 words·~1 min read·
/ia/chapter-633a-iowa-trust-code/633a-2303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A term of a trust prohibiting an involuntary transfer of a beneficiary’s interest shall be invalid as against claims by any creditors of the beneficiary if the beneficiary is the settlor.
99 Acts, ch 125, §24, 109
C2001, §633.2303
2005 Acts, ch 38, §39, 54
CS2005, §633A.2303
Referred to in §633A.2302