Section 633A.5101 - Charitable purposes.

IA Code § 633A.5101 (2019) (N/A)
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633A.5101 Charitable purposes.

1. A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, or any other purpose the accomplishment of which is beneficial to the community.

2. If the terms of the trust do not indicate a particular charitable purpose or beneficiaries, the trustee may select one or more charitable purposes or beneficiaries.

99 Acts, ch 125, §85, 109

C2001, §633.5101

2005 Acts, ch 38, §54

CS2005, §633A.5101

Referred to in §633A.1102