Current through March 29, 2024
Section 633F.6 - Single beneficiaries - separate trust accounts1. Beneficial interests in a custodial trust shall not be created for multiple beneficiaries.2. All custodial trust property held under this chapter by the same custodial trustee for the use and benefit of a single beneficiary may be administered as a single custodial trust.Added by 2021 Iowa, ch 8, s 6, eff. 7/1/2021.