Iowa § 633A.3112 Trustee’s liability for distributions

Iowa Statutes

§ 633A.3112 — Trustee’s liability for distributions

Iowa § 633A.3112

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 633AIOWA TRUST CODE

This text of Iowa § 633A.3112 (Trustee’s liability for distributions) 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 § 633A.3112 (2026).

Text

1.A trustee who distributes trust assets without making adequate provisions for the payment of debts and charges that are known or reasonably ascertainable at the time of the distribution shall be jointly and severally liable with the beneficiaries to the extent of the distributions made.

2.A trustee shall be entitled to indemnification from the beneficiaries for all amounts paid for debts and charges under this section, to the extent of distributions made.

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1. A trustee who distributes trust assets without making adequate provisions for the
payment of debts and charges that are known or reasonably ascertainable at the time of the
distribution shall be jointly and severally liable with the beneficiaries to the extent of the
distributions made.
2. A trustee shall be entitled to indemnification from the beneficiaries for all amounts paid
for debts and charges under this section, to the extent of distributions made.