633A.2104 - TRUST PURPOSES. - Iowa Statutes

633A.2104 TRUST PURPOSES. 1. A trust is created only if it has a private or charitable purpose that is not unlawful or against public policy. 2. A trust created for a private purpose must be administered for the benefit of its beneficiaries.          Section History: Recent Form 99 Acts, ch 125, §11, 109 C2001, §633.2104 2005 Acts, ch 38, §54 CS2005, §633A.2104