Section 633A.4501 - Violations of duties — breach of trust.

IA Code § 633A.4501 (2019) (N/A)
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633A.4501 Violations of duties — breach of trust.

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

2005 Acts, ch 38, §54

CS2005, §633A.4501