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§ 633a-4111 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 633a-4111

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633A.4111 Notice of increased trustee’s fee. 1. As used in this section, 'trustee’s fee' includes a trustee’s periodic base fee, rate of percentage compensation, minimum fee, hourly rate, and transaction charge, but does notinclude fees for extraordinary services. 2. A trustee shall not charge an increased trustee’s fee for administration of a trust unless the trustee first gives at least thirty days’ written notice of the increased fee to all of thefollowing beneficiaries: a. Each qualified beneficiary.b. Each beneficiary who was given the last preceding accounting.c. Each beneficiary who has made a written request to the trustee for notice of an increased trustee’s fee, and has given an address for receiving notice by mail. 3. If a beneficiary files a petition for review of an increased trustee’s fee or for removal of a trustee and serves a copy of the petition on the trustee within the thirty-day period,the increased fee does not take effect until otherwise ordered by the court or the petition isdismissed. 99 Acts, ch 125, §46, 109; 2000 Acts, ch 1150, §24C2001, §633.41112002 Acts, ch 1107, §9; 2005 Acts, ch 38, §54CS2005, §633A.4111 Sat Dec 23 12:13:24 2023 Iowa Code 2024,

or the petition isdismissed. 99 Acts, ch 125, §46, 109; 2000 Acts, ch 1150, §24C2001, §633.41112002 Acts, ch 1107, §9; 2005 Acts, ch 38, §54CS2005, §633A.4111 Sat Dec 23 12:13:24 2023 Iowa Code 2024, Section 633A.4111 (18, 0)