634.1 Applicability.
This chapter shall apply only to trusts which are private foundations as defined in section 509 of the Internal Revenue Code, charitable trusts as described in section 4947(a) (1) of the Internal Revenue Code, or split-interest trusts as described in section 4947(a) (2) of the Internal Revenue Code. With respect to any such trust created after December 31, 1969, this chapter shall apply from such trust’s creation. With respect to any such trust created before January 1, 1970, this chapter shall apply only to such trust’s federal taxable years beginning after December 31, 1971.
[C73, 75, 77, 79, 81, §634.1]
Structure Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 634 - PRIVATE FOUNDATIONS AND CHARITABLE TRUSTS
Section 634.1 - Applicability.
Section 634.2 - Statutory provisions as part of the trust.
Section 634.3 - Distribution to avoid tax liability.
Section 634.5 - Internal Revenue Code defined.
Section 634.6 - Statutory exception in trust.
Section 634.7 - Public grants by private foundations or trusts.