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Code · Iowa · Chapter 633A — Iowa Trust Code

633A.4203 Standard of prudence.

41 words·~1 min read·/ia/chapter-633a-iowa-trust-code/633a-4203

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

A trustee shall administer the trust with the reasonable care, skill, and caution as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust.
99 Acts, ch 125, §49, 109
C2001, §633.4203
CS2005, §633A.4203
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