Iowa Code 633.125 – Records of bank or trust company to show ownership
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Terms Used In Iowa Code 633.125
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- bank: means an entity as defined in section 12C. See Iowa Code 633D.2
- Records: includes probate and other official public records, as well as records in the office of the county recorder. See Iowa Code 614.29
The records of said bank or trust company shall at all times show the ownership of any such investment, which investment shall be in the possession and control of such bank or trust company and be kept separate and apart from the assets of such bank or trust company.