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§ 524.807 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 524.807

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524.807 Payment of deposited funds. When any deposit shall be made by any individual in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given tothe state bank, in the event of the death of the trustee, the same or any part thereof, togetherwith interest thereon, may be paid to the individual for whom the deposit was made, or tothe individual’s legal representatives; provided that the individual for whom the deposit wasmade, if a minor, shall not draw the same during the individual’s minority without the consentof the legal representatives of said trustee. [SS15, §1889-d; C24, 27, 31, 35, 39, §9287; C46, 50, 54, 58, 62, 66, §532.4; C71, 73, 75, 77, 79, 81, §524.807] Referred to in §524.805 Sat Dec 23 01:17:04 2023 Iowa Code 2024, Section 524.807 (22, 0)