633.5101  Charitable purposes.

1.  A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, or any other purpose the accomplishment of which is beneficial to the community.

2.  If the terms of the trust do not indicate a particular charitable purpose or beneficiaries, the trustee may select one or more charitable purposes or beneficiaries.

Section History: Recent form

  99 Acts, ch 125, §85, 109

Internal References

  Referred to in § 633.1102

Footnotes

  Section effective July 1, 2000; 99 Acts, ch 125, §109


Previous Section 633.4701

Next Section 633.5102


Return To Home index


© 2001 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Mon Jan 22 17:13:42 CST 2001
URL: /DOCS/IACODE/2001/633/5101.html
jhf