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Iowa Code § 681.26

Mandatory removal of assignee

Iowa · Iowa Code Chapter 681 — Assignment for Benefit of Creditors · Status: effective

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Iowa Code § 681.26, Mandatory removal of assignee, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2284632
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Upon a written application of two-thirds of the creditors in number, and two-thirds in amount, the court shall remove the assignee and appoint in the assignee’s stead a person approved by the creditors in the same number and amount.