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Section 633A.2303 - Spendthrift trusts for the benefit of settlor.

IA Code § 633A.2303 (2019) (N/A)
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633A.2303 Spendthrift trusts for the benefit of settlor.

A term of a trust prohibiting an involuntary transfer of a beneficiary’s interest shall be invalid as against claims by any creditors of the beneficiary if the beneficiary is the settlor.

99 Acts, ch 125, §24, 109

C2001, §633.2303

2005 Acts, ch 38, §39, 54

CS2005, §633A.2303

2008 Acts, ch 1119, §23

Referred to in §633A.2302

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Section 633A.2303 - Spendthrift trusts for the benefit of settlor.