633.681 - ASSETS OF MINOR WARD EXHAUSTED. - Iowa Statutes

633.681 ASSETS OF MINOR WARD EXHAUSTED. When the assets of a minor ward's conservatorship are exhausted or consist of personal property only of an aggregate value not in excess of twenty-five thousand dollars, the court, upon application or upon its own motion, may terminate the conservatorship. The order for termination shall direct the conservator to deliver any property remaining after the payment of allowed claims and expenses of administration to a custodian under any uniform transfers to minors Act. Such delivery shall have the same force and effect as if delivery had been made to the ward after attaining majority.          Section History: Early Form [C46, 50, 54, 58, 62, § 668.33; C66, 71, 73, 75, 77, 79, 81, § 633.681; 82 Acts, ch 1052, § 3]          Section History: Recent Form 98 Acts, ch 1118, § 2; 2005 Acts, ch 38, §30