Small distributions to minors — payment.
Iowa Code § 633A.4706
in effect633A.4706. Small distributions to minors — payment.
When a minor becomes entitled under the terms of the trust to a beneficial interest in the trust upon the distribution of the trust fund and the value of the interest does not exceed the sum of twenty-five thousand dollars, the trustee may pay the interest to a custodian under any uniform transfers to minors Act. Receipt by the custodian shall have the same force and effect as though payment had been made to a duly appointed and qualified conservator for the minor.
2005 Acts, ch 38, §47 Uniform transfers to minors, see chapter 565B
Source: Iowa Legislature (legis.iowa.gov)URL: https://www.legis.iowa.gov/docs/code/2026/633A.4706.pdfFetched: 10/20/2026