633.124 Investment may be held in name of nominee of bank or trust company. Any state or national bank or trust company, when acting with the consent of its cofiduciary, if any, may cause any investment held in any such capacity to be registered and held in thename of a nominee or nominees of such bank or trust company. Such cofiduciary is herebyempowered to give such consent unless it is specifically forbidden in the instrument creatingthe fiduciary relationship. Such bank or trust company shall be liable for the acts of any suchnominee with respect to any investment so registered. [C66, 71, 73, 75, 77, 79, 81, §633.124] Sat Dec 23 11:23:39 2023 Iowa Code 2024, Section 633.124 (34, 0)
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