633A.4503 Breach of trust — liability.
61 words·~1 min read·
/ia/chapter-633a-iowa-trust-code/633a-4503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A beneficiary may charge a trustee who commits a breach of trust with the amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred, or, if greater, the amount of profit lost by reason of the breach.
99 Acts, ch 125, §75, 109
C2001, §633.4503
CS2005, §633A.4503