Every fiduciary shall be chargeable in the fiduciary’s accounts with property not a part of the estate that comes into the fiduciary’s hands at any time, and shall be liable to the persons entitled to the property, ifeither of the following applies: 1. The property was received under a duty imposed upon the fiduciary by law in the capacity of fiduciary. 2. The fiduciary has commingled the property with the assets of the estate.
‹ Prev All Iowa sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.