633A.4503 - BREACH OF TRUST -- LIABILITY.
633A.4503 BREACH OF TRUST -- LIABILITY. A beneficiary may charge a trustee who commits a breach of trust with the amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred, or, if greater, the amount of profit lost by reason of the breach.Section History: Recent Form
99 Acts, ch 125, §75, 109 C2001, §633.4503 2005 Acts, ch 38, §54 CS2005, §633A.4503