633.6301  Definition and applicability.

1.  For purposes of this subpart, "fiduciary matter" includes any item listed in section 633.6202, subsection 2.

2.  Persons interested in a fiduciary matter may approve a judicial settlement and represent and bind other persons interested in the fiduciary matter.

3.  Notice to a person who may represent and bind another person under this trust code has the same effect as if notice were given directly to the person represented.

4.  The consent of a person who may represent and bind another person under this trust code is binding on the person represented unless the person represented objects to the representation before the consent would otherwise have become effective.

Section History: Recent form

  99 Acts, ch 125, §96, 109; 2002 Acts, ch 1107, §22; 2003 Acts, ch 95, §21


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