Text: SF00431 Text: SF00433 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 598.5, Code 1999, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 11. Contain a statement in substantially 1 4 the following form: 1 5 "By executing this document I acknowledge that I have read 1 6 and have received a copy of the notice of the automatic 1 7 temporary financial protective order required pursuant to Iowa 1 8 Code section 598.10." 1 9 Sec. 2. NEW SECTION. 598.10 AUTOMATIC TEMPORARY 1 10 FINANCIAL PROTECTIVE ORDER. 1 11 1. An automatic temporary financial protective order which 1 12 establishes restraints on the parties to a dissolution of 1 13 marriage, separate maintenance, or annulment action relating 1 14 to assets and income shall be in effect as follows: 1 15 a. Against the petitioner upon the filing of a petition 1 16 for dissolution of marriage, separate maintenance, or 1 17 annulment. 1 18 b. Against the respondent following personal service on or 1 19 acceptance of personal service by the respondent of the 1 20 original notice. 1 21 2. Notice of the automatic temporary financial protective 1 22 order shall be printed upon the original notice and shall 1 23 provide as follows: 1 24 "Notice of Automatic Temporary Financial Protective Order. 1 25 1. You are further notified that an automatic temporary 1 26 financial protective order is now in effect against the 1 27 petitioner and, upon service upon you or your acceptance of 1 28 personal service of this original notice, against you until 1 29 the final decree is entered, the petition is dismissed, or 1 30 until further order of the court. You or your spouse may 1 31 apply to the court for additional temporary orders or for 1 32 modification or revocation of the automatic temporary 1 33 financial protective order. 1 34 2. You and your spouse are restrained from transferring, 1 35 encumbering, concealing, or in any way dissipating or 2 1 disposing of any marital property or the assets or income of 2 2 your spouse, without the prior written consent of your spouse, 2 3 or an order of the court, except as may be necessary in the 2 4 usual course of business, for the necessities of life, or for 2 5 court costs and reasonable attorney fees in an action brought 2 6 under this chapter. You are to account to the court for all 2 7 extraordinary expenditures made during the time this temporary 2 8 financial protective order is in effect. You and your spouse 2 9 are also restrained from terminating any existing life 2 10 insurance, health insurance, or casualty insurance coverage 2 11 for you, your spouse, or your children, or changing the 2 12 beneficiaries of such coverage, without prior written consent 2 13 of your spouse, or an order of the court." 2 14 3. Upon the filing of a petition for dissolution of 2 15 marriage, separate maintenance, or annulment, the petitioner 2 16 is deemed to have knowledge of the automatic temporary 2 17 financial protective order. Counsel for the petitioner shall 2 18 immediately deliver to the petitioner a copy of the original 2 19 notice containing the notice of automatic temporary financial 2 20 protective order. The clerk of the district court shall 2 21 deliver a copy of the original notice to a pro se petitioner 2 22 containing the notice of automatic temporary financial 2 23 protective order. 2 24 4. This section does not limit or prohibit either party 2 25 from exercising any rights or remedies available under any 2 26 other provision of law. 2 27 5. An automatic temporary financial protective order shall 2 28 be issued without bond. 2 29 6. This section does not apply to actions for modification 2 30 of an order or decree related to a dissolution of marriage. 2 31 EXPLANATION 2 32 The bill provides for the establishment of an automatic 2 33 temporary financial protective order against both parties to a 2 34 dissolution of marriage, separate maintenance, or annulment 2 35 action prohibiting the parties from executing certain 3 1 transactions involving marital assets and income without the 3 2 consent of the other party, except in the usual course of 3 3 business, for the necessities of life or for dissolution- 3 4 related court costs and attorney fees. The bill also 3 5 prohibits the parties from terminating any existing life, 3 6 health, or casualty insurance or changing the beneficiaries of 3 7 such coverage without prior written consent of the other party 3 8 or an order of the court. The bill provides for the content 3 9 of the notice to be printed upon the original notice. 3 10 LSB 1699SV 78 3 11 pf/sc/14
Text: SF00431 Text: SF00433 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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