Iowa Code § 633.185: Insolvency of fiduciary.
Where this section sits in the code
- Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES (Ch. 595 - 686D)
- Chapter 633 - PROBATE CODE
- Subchapter III - GENERAL PROVISIONS RELATING TO FIDUCIARIES
- Part 7 - OATH AND BOND OF FIDUCIARIES
If, at any time, a fiduciary becomes insolvent after qualifying as such fiduciary, and after the maturity of a debt owing by such fiduciary to the estate, then the fiduciary and the sureties on the bond shall be liable to the estate for the indebtedness owing by the fiduciary to the estate. If the fiduciary is not solvent at any time after qualification and after the maturity of the debt, the sureties on the bond shall not be liable to the estate for the indebtedness.
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