633.155 Self-dealing by fiduciary prohibited. No fiduciary shall in any manner engage in self-dealing, except on order of court after notice to all interested persons, and shall derive no profit other than the fiduciary’s distributiveshare in the estate from the sale or liquidation of any property belonging to the estate. Everyapplication of a fiduciary seeking an order under the provisions of this section shall specifyin detail the reasons for such application and the facts justifying the requested order. Thenotice shall have a copy of the application attached, or, if published, it shall contain a detailedstatement of the reasons and facts justifying the requested order. [C51, §1427; R60, §2452; C73, §2473; C97, §3397; C24, 27, 31, 35, 39, §12048; C46, 50, 54, 58, 62, §638.8; C66, 71, 73, 75, 77, 79, 81, §633.155] Referred to in §633.156 Sat Dec 23 11:23:59 2023 Iowa Code 2024, Section 633.155 (34, 0)
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