633A.5103  Trust with uneconomically low value.
  1.  On petition by a trustee or other interested person, if the court determines that the value of the trust property is insufficient to justify the cost of administration involved, the court may appoint a new trustee or may modify or terminate the charitable trust.
  2.  Upon termination of a trust under this section, the court shall distribute the trust property in a manner consistent with the settlor’s charitable purposes.
99 Acts, ch 125, §87, 109
C2001, §633.5103
2005 Acts, ch 38, §54
CS2005, §633A.5103