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124 chapters · 2,863 sections in this title.
Iowa Code § 634.1 Applicability.
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This chapter shall apply only to trusts which are private foundations as defined in section 509 of the Internal Revenue Code, charitable trusts as described in section 4947(a) (1) of the Internal Revenue Code, or split-interest trusts as described in section 4947(a) (2) of the In…
Iowa Code § 634.2 Statutory provisions as part of the trust.
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1. The trust instrument of each trust to which this chapter applies shall be deemed to contain provisions prohibiting the trustee from doing any of the following: a. Engaging in any act of self-dealing, as defined in section 4941(d) of the Internal Revenue Code , which would give…
Iowa Code § 634.3 Distribution to avoid tax liability.
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The trust instrument of each trust to which this chapter applies, except split-interest trusts, shall be deemed to contain a provision requiring the trustee to distribute for the purposes specified in the trust instrument for each taxable year of the trust amounts at least suffic…
Iowa Code § 634.4 Limitations.
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Nothing in this chapter shall impair the rights and powers of the courts or the attorney general of this state with respect to any trust. [C73, 75, 77, 79, 81, §634.4 ]