Iowa Statutes
§ 633.124 — Investment may be held in name of nominee of bank or trust company
Iowa § 633.124
This text of Iowa § 633.124 (Investment may be held in name of nominee of bank or trust company) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 633.124 (2026).
Text
Anystateornationalbankortrustcompany, whenactingwiththeconsentofitscofiduciary,
if any, may cause any investment held in any such capacity to be registered and held in the
name of a nominee or nominees of such bank or trust company. Such cofiduciary is hereby
empowered to give such consent unless it is specifically forbidden in the instrument creating
the fiduciary relationship. Such bank or trust company shall be liable for the acts of any such
nominee with respect to any investment so registered.
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Legislative History
[C66, 71, 73, 75, 77, 79, 81, §633.124]
Nearby Sections
15
§ 633.1
Short title§ 633.10
Jurisdiction§ 633.100
Waiver of exemption§ 633.101
Appraisal§ 633.102
Costs and expenses§ 633.103
Certain corporate distributions§ 633.108
Small distributions§ 633.109
Inability to distribute estate funds§ 633.110
Receipts taken§ 633.111
Final discharge period§ 633.112
Discovery of property§ 633.113
CommitmentCite This Page — Counsel Stack
Bluebook (online)
Iowa § 633.124, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/633.124.