GroundRules
Iowa Code § 633A.4605: Liability for wrongful taking, concealing, or disposing of trust property.
Where this section sits in the code
- Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES (Ch. 595 - 686D)
- Chapter 633A - IOWA TRUST CODE
- Subchapter IV - TRUST ADMINISTRATION
- Part 6 - RIGHTS OF THIRD PARTIES
A person who, in bad faith, wrongfully takes, conceals, or disposes of trust property is liable for twice the value of the property, attorney fees, court costs, and where consistent with existing law, punitive damages, recoverable in an action by a trustee for the benefit of the trust.
Collected 2026-09-14T19:40:16Z. Source file · JSON