636.47 Deposit and joint control agreements.
It shall be lawful for any party of whom a bond, undertaking or other obligation is required, to agree with the party’s surety or sureties for the deposit of any or all moneys and assets for which the party and the party’s surety or sureties are or may be held responsible, with a bank, savings bank, safe-deposit or trust company, authorized by law to do business as such, or with other depository approved by the court if such deposit is otherwise proper, for the safekeeping thereof, and in such manner as to prevent the withdrawal of such money or assets or any part thereof, without the written consent of such surety or sureties, or an order of court made on such notice to such surety or sureties as such court may direct; provided, however, that such agreement shall not in any manner release from or change the liability of the principal or sureties as established by the terms of the said bond.
[C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §682.47]
C93, §636.47
See §633.183
Structure Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 636 - SURETIES — FIDUCIARIES — TRUSTS — INVESTMENTS
Section 636.1 - Security to be by bond.
Section 636.3 - Defects rectified.
Section 636.4 - Qualifications of sureties.
Section 636.5 - Attorneys not receivable as surety.
Section 636.6 - New bond required.
Section 636.7 - Surety bound notwithstanding disqualification.
Section 636.8 - Affidavit of sureties — effect of.
Section 636.9 - Effect of affidavit.
Section 636.10 - Appeal bonds — presumption.
Section 636.11 - Authority to act as surety — agent qualifications.
Section 636.12 - Certificate revoked — notice.
Section 636.13 - Record by clerk.
Section 636.14 - Guaranty company as surety.
Section 636.15 - Payment of premiums.
Section 636.16 - Certificate as authority.
Section 636.17 - Limitation on acceptance.
Section 636.18 - Criminal bonds.
Section 636.20 - Suit on bond — service.
Section 636.21 - Commissioner as process agent.
Section 636.22 - Estoppel — stockholders liable.
Section 636.23 - Authorized securities.
Section 636.24 - Population and indebtedness.
Section 636.25 - Existing investments.
Section 636.26 - Security subject to court order.
Section 636.27 - Collection, application of funds, and reinvestment.
Section 636.28 - Annual accounting.
Section 636.29 - Property or funds in litigation — deposit.
Section 636.30 - Enforcement of order.
Section 636.31 - Inability to distribute trust funds — deposit.
Section 636.32 - Receipt taken.
Section 636.33 - Final discharge.
Section 636.34 - Notice of deposit.
Section 636.37 - Duty of clerk.
Section 636.45 - Federally insured loans.
Section 636.46 - Inapplicable statutes.
Section 636.47 - Deposit and joint control agreements.
Section 636.60 - Powers and duties of trustees not subject to court administration.