Iowa § 633A.4602 Dissenting cotrustees

Iowa Statutes

§ 633A.4602 — Dissenting cotrustees

Iowa § 633A.4602

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 633AIOWA TRUST CODE

This text of Iowa § 633A.4602 (Dissenting cotrustees) 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.4602 (2026).

Text

1.A cotrustee who does not join in exercising a power is not liable to a third party for the consequences of the exercise of the power.

2.A dissenting cotrustee who joins in an action at the direction of the majority cotrustees is not liable to a third party for the action if the dissenting cotrustee expresses the dissent in writing to any other cotrustee at or before the action is taken. §633A.4602, IOWA TRUST CODE 40

3.This section does not excuse a cotrustee from liability for failure to discharge a cotrustee’s duties as a trustee.

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1. A cotrustee who does not join in exercising a power is not liable to a third party for the
consequences of the exercise of the power.
2. A dissenting cotrustee who joins in an action at the direction of the majority cotrustees
is not liable to a third party for the action if the dissenting cotrustee expresses the dissent in
writing to any other cotrustee at or before the action is taken.
§633A.4602, IOWA TRUST CODE 40
3. This section does not excuse a cotrustee from liability for failure to discharge a
cotrustee’s duties as a trustee.