Iowa Code 633A.4104 – Vacancy in office of trustee
Current as of: 2023 | Check for updates
|
Other versions
A vacancy in the office of trustee exists if any of the following occurs:
1. The person named as trustee declines to serve as trustee.
Terms Used In Iowa Code 633A.4104
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- Trustee: A person or institution holding and administering property in trust.
2. The person named as trustee cannot be identified or does not exist.
3. The trustee resigns or is removed.
4. The trustee dies.
5. A guardian or conservator of the trustee’s person or estate is appointed.