633A.4307 Investment costs.
43 words·~1 min read·
/ia/chapter-633a-iowa-trust-code/633a-4307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In investing and managing trust property, a trustee may only incur costs that are appropriate and reasonable in relation to the property, the purposes of the trust, and the skills of the trustee.
99 Acts, ch 125, §67, 109
C2001, §633.4307
CS2005, §633A.4307