Iowa Code
Chapter 637 - UNIFORM PRINCIPAL AND INCOME ACT
Section 637.609 - Unitrust amount.

637.609 Unitrust amount. Repealed by
2008 Acts, ch 1119, §38
.

Structure Iowa Code

Iowa Code

Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES

Chapter 637 - UNIFORM PRINCIPAL AND INCOME ACT

Section 637.101 - Short title.

Section 637.102 - Definitions.

Section 637.103 - Fiduciary duties — general principles.

Section 637.201 - Determination and distribution of net income.

Section 637.202 - Distribution to residuary and remainder beneficiaries.

Section 637.301 - When right to income begins and ends.

Section 637.302 - Apportionment of receipts and disbursements when decedent dies or income interest begins.

Section 637.303 - Apportionment when income interest ends.

Section 637.401 - Character of receipts.

Section 637.402 - Distribution from trust or estate.

Section 637.403 - Business and other activities conducted by trustee.

Section 637.410 - Principal receipts.

Section 637.411 - Rental property.

Section 637.412 - Obligation to pay money.

Section 637.413 - Insurance policies and similar contracts.

Section 637.420 - Insubstantial allocations not required.

Section 637.421 - Deferred compensation, annuities, and similar payments.

Section 637.422 - Liquidating asset.

Section 637.423 - Minerals, water, and other natural resources.

Section 637.424 - Timber.

Section 637.425 - Property not productive of income.

Section 637.426 - Derivatives and options.

Section 637.427 - Asset-backed securities.

Section 637.501 - Disbursements from income.

Section 637.502 - Disbursements from principal.

Section 637.503 - Transfers from income to principal for depreciation.

Section 637.504 - Transfers from income to reimburse principal.

Section 637.505 - Income taxes.

Section 637.506 - Adjustments between principal and income because of taxes.

Section 637.601 - Definitions.

Section 637.602 - Trustee’s authority to convert.

Section 637.603 - Trustee requirements to convert or change computation method.

Section 637.604 - Interested trustee’s authority to convert.

Section 637.605 - Interested trustee requirements to convert or change computation method.

Section 637.606 - Petition to court to convert trust.

Section 637.607 - Valuation of trust.

Section 637.608 - Payout percentage.

Section 637.609 - Unitrust amount.

Section 637.610 - Procedure upon conversion of income trust to total return unitrust.

Section 637.611 - Total return unitrust administration.

Section 637.612 - Principal distributions subject to governing instrument.

Section 637.613 - Construction and applicability.

Section 637.614 - Good faith actions.

Section 637.615 - Effective date.

Section 637.701 - Application of chapter to existing trusts and estates — chapter prevails.