Iowa Code 523I.504 – Appointment of successor trustee
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Terms Used In Iowa Code 523I.504
- Trustee: A person or institution holding and administering property in trust.
A district judge of a county in which a cemetery is located shall appoint a suitable successor or trustee to faithfully execute a trust in accordance with this subchapter if a governmental subdivision renounces a trust assumed under this subchapter, fails to act as its trustee, a vacancy occurs, or the appointment of a successor or trustee is otherwise necessary.