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§ 633.126 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 633.126

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633.126 Definitions. 1. 'Common trust fund' means a fund maintained by a bank or trust company exclusively for the collective investment and reinvestment of moneys contributed thereto by that bankor trust company, or by another bank or trust company at least eighty percent of the votingstock of which is owned or controlled by a bank holding company which owns or controls atleast eighty percent of the voting stock of the bank or trust company maintaining the commontrust fund, in its capacity as a fiduciary or cofiduciary. 2. 'Fiduciary', for the purposes of this section and sections 633.127 through 633.129, means acting in any of the following capacities, namely: testamentary trustee appointed byany court, trustee under any written agreement, declaration or instrument of trust, executor,administrator, guardian, or conservator, custodian under chapter 565B, or other capacitypermitted under any state or federal law or regulation governing collective investment fundsmaintained by a bank or trust company. [C62, §533A.1 – 533A.5; C66, 71, 73, 75, 77, 79, 81, §633.126]92 Acts, ch 1012, §2; 2021 Acts, ch 80, §360Referred to in §633.129 Sat Dec 23 11:23:40 2023 Iowa Code 2024, Section

nk or trust company. [C62, §533A.1 – 533A.5; C66, 71, 73, 75, 77, 79, 81, §633.126]92 Acts, ch 1012, §2; 2021 Acts, ch 80, §360Referred to in §633.129 Sat Dec 23 11:23:40 2023 Iowa Code 2024, Section 633.126 (36, 1)