Section 501B.12 Grantor and Agents of Grantor
501B.12 GRANTOR AND AGENTS OF GRANTOR.
If a trust instrument reserves to the grantor, in a nonfiduciary capacity, the control over any or all investment decisions, the trustee is not responsible for the investment decisions made by the grantor or an agent of the grantor.
History:
1989 c 340 art 1 s 12