633A.2104  Trust purposes.
  1.  A trust is created only if it has a private or charitable purpose that is not unlawful or against public policy.
  2.  A trust created for a private purpose must be administered for the benefit of its beneficiaries.
99 Acts, ch 125, §11, 109
C2001, §633.2104
2005 Acts, ch 38, §54
CS2005, §633A.2104