633A.2202 Modification or termination by settlor and all beneficiaries. 1. An irrevocable trust may be modified or terminated upon the consent of the settlor and all of the beneficiaries. 2. Upon termination of the trust, the trustee shall distribute the trust property as agreed by the settlor and all beneficiaries, or in the absence of unanimous agreement, as ordered bythe court. 3. For purposes of this section, the consent of a person who may bind a beneficiary or otherwise act on a beneficiary’s behalf is considered the consent of the beneficiary. 99 Acts, ch 125, §16, 109C2001, §633.22022005 Acts, ch 38, §54CS2005, §633A.2202Referred to in §633A.2201, 633A.4805, 633A.6301 Sat Dec 23 12:13:08 2023 Iowa Code 2024, Section 633A.2202 (18, 0)
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