§ 681.30 — Additional security — misconduct

Iowa § 681.30

• Jurisdiction: Iowa
• Title XV: JUDICIAL BRANCH AND JUDICIAL PROCEDURES
• Ch. 681: ASSIGNMENT FOR BENEFIT OF CREDITORS

Text

In case any bond or surety is found to be insufficient, or, on complaint before the court, it
shall be made to appear that any assignee is guilty of wasting or misapplying the trust estate,
such court may require additional security, may remove the assignee and appoint another in
theassignee’splace, andsuchpersonsoappointed, ongivingbond, shallexecutesuchduties,
and may demand and sue for all estate in the hands of the person removed, and recover the
amount and value of all moneys and property or estate wasted and misapplied, from such
person and the person’s sureties.

Legislative History

[R60, §1839; C73, §2128; C97, §3086; C24, 27, 31, 35, 39, §12749; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §681.30]