Iowa Code
Iowa Code § 633A.4605 (2026)
Liability for wrongful taking, concealing, or disposing of trust property
✓ current as of July 2026
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A person who, in bad faith, wrongfully takes, conceals, or disposes of trust property is liable for twice the value of the property, attorney fees, court costs, and where consistent with existing law, punitive damages, recoverable in an action by a trustee for the benefit of the trust. 99 Acts, ch 125, §83, 109 C2001, §633.4605 2005 Acts, ch 38, §54 CS2005, §633A.4605
\nNotes of Decisions
Cited in 1
case (1 in the last 5 years), 2021–2021 · leading case: Mary Elizabeth Slezak v. Carl W. Matherly (Iowa Ct. App. 2021).
Mary Elizabeth Slezak v. Carl W. Matherly (Iowa Ct. App. 2021). “” Iowa Code § 633A.4605. The district court declined to award double and punitive damages because the statute would award them only where “recoverable in an action by a trustee for the benefit of the trust.”
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