Iowa Code

Iowa Code § 633.177 (2026)

Deposit in lieu of bond

✓ current as of July 2026
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The court may permit the fiduciary to deposit cash or other prescribed securities of the fiduciary’s own in lieu of bond. [C51, §1276, 1316, 1317; R60, §2308, 2348, 2349; C73, §2321, 2350, 2362, 2363; C97, §3267, 3268, 3293, 3301; S13, §3268; C24, 27, 31, 35, 39, §11828, 11838, 11876, 11887; C46, 50, 54, 58, 62, §631.10, 632.7, 633.32, 633.43; C66, 71, 73, 75, 77, 79, 81, §633.177]

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Notes of Decisions
Cited in 1 case, 2019–2019 · leading case: In the Matter of the Est. of David L. Christoffersen (Iowa Ct. App. 2019).
In the Matter of the Est. of David L. Christoffersen (Iowa Ct. App. 2019). · cites it 2× “3 The court decided Karen’s discharge of these “personal debts” ran afoul of Iowa Code section 633.177, which allows a fiduciary to pay an encumbrance on an asset of the estate, so long as “the making of such payment shall not increase the share of the distributee entitled to…”
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