Iowa § 633.126 Definitions

Iowa Statutes

§ 633.126 — Definitions

Iowa § 633.126

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 633PROBATE CODE

This text of Iowa § 633.126 (Definitions) 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 § 633.126 (2026).

Text

1.“Common trust fund” means a fund maintained by a bank or trust company exclusively for the collective investment and reinvestment of moneys contributed thereto by that bank or trust company, or by another bank or trust company at least eighty percent of the voting stock of which is owned or controlled by a bank holding company which owns or controls at leasteightypercentofthevotingstockofthebankortrustcompanymaintainingthecommon trust fund, in its capacity as a fiduciary or cofiduciary.

2.“Fiduciary”, for the purposes of this section and sections 633.127 through 633.129, means acting in any of the following capacities, namely: testamentary trustee appointed by any court, trustee under any written agreement, declaration or instrument of trust, executor, administrator, guardian, or conse

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1. “Common trust fund” means a fund maintained by a bank or trust company exclusively
for the collective investment and reinvestment of moneys contributed thereto by that bank
or trust company, or by another bank or trust company at least eighty percent of the voting
stock of which is owned or controlled by a bank holding company which owns or controls at
leasteightypercentofthevotingstockofthebankortrustcompanymaintainingthecommon
trust fund, in its capacity as a fiduciary or cofiduciary.
2. “Fiduciary”, for the purposes of this section and sections 633.127 through 633.129,
means acting in any of the following capacities, namely: testamentary trustee appointed by
any court, trustee under any written agreement, declaration or instrument of trust, executor,
administrator, guardian, or conservator, custodian under chapter 565B, or other capacity
permitted under any state or federal law or regulation governing collective investment funds
maintained by a bank or trust company.