633A.4501 Violations of duties — breach of trust.
53 words·~1 min read·
/ia/chapter-633a-iowa-trust-code/633a-4501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. A violation by a trustee of a duty the trustee owes a beneficiary is a breach of trust.
2. The remedies of a beneficiary for breach of trust are exclusively equitable and any action shall be brought in a court of equity.
99 Acts, ch 125, §73, 109
C2001, §633.4501
CS2005, §633A.4501