636.47 Deposit and joint control agreements. It shall be lawful for any party of whom a bond, undertaking or other obligation is required, to agree with the party’s surety or sureties for the deposit of any or all moneys and assets forwhich the party and the party’s surety or sureties are or may be held responsible, with a bank,savings bank, safe-deposit or trust company, authorized by law to do business as such, or withother depository approved by the court if such deposit is otherwise proper, for the safekeepingthereof, and in such manner as to prevent the withdrawal of such money or assets or any partthereof, without the written consent of such surety or sureties, or an order of court made onsuch notice to such surety or sureties as such court may direct; provided, however, that suchagreement shall not in any manner release from or change the liability of the principal orsureties as established by the terms of the said bond. [C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §682.47]C93, §636.47See §633.183 Sat Dec 23 12:18:56 2023 Iowa Code 2024, Section 636.47 (20, 0)
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