Iowa Code § 633A.4702: Discretionary language prevails over other standard.
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 7 - TRUST CONSTRUCTION
In the absence of clear and convincing evidence to the contrary, language in a governing instrument granting a trustee discretion to make or withhold a distribution shall prevail over any language in the governing instrument indicating that the beneficiary may have a legally enforceable right to distributions or indicating a standard for payments or distributions.
Collected 2026-09-14T19:40:16Z. Source file · JSON