Iowa Code § 633A.4501 : JUDICIAL BRANCH AND JUDICIAL PROCEDURES — PROBATE - FIDUCIARIES — Iowa trust code — TRUST ADMINISTRATION — LIABILITY OF TRUSTEES TO BENEFICIARIES — Violations of duties - breach of trust
1. A violation by a trustee of a duty the trustee owes a beneficiary is a breach of trust.
2. The remedies of a beneficiary for breach of trust are exclusively equitable and any action shall be brought in a court of equity.