Iowa Statutes

§ 633.427 — Payment of contingent claims by distributees — contribution

Iowa § 633.427
JurisdictionIowa
Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES
Ch. 633PROBATE CODE

This text of Iowa § 633.427 (Payment of contingent claims by distributees — contribution) 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 § 633.427 (2026).

Text

If a contingent claim has been filed and allowed against an estate and all the assets of the estate have been distributed, and the claim becomes absolute, the creditor has the right to recoverontheclaimagainstthosedistributeeswhosedistributiveshareshavebeenincreased because the amount of the claim as finally determined was not paid prior to final distribution, if an action for recovery is commenced within four months after the claim becomes absolute. Such distributees are jointly and severally liable, but a distributee is not liable for an amount exceeding the amount of the estate or fund so distributed to that distributee. If more than one distributee is liable to the creditor, the creditor shall make parties to the action all such distributees who can be reached by process. By its judgme

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Legislative History

[C66, 71, 73, 75, 77, 79, 81, §633.427]

Nearby Sections

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Bluebook (online)
Iowa § 633.427, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/633.427.