In the Matter of the Conservatorship of Rose v. Alessio, Michael a. Leo, of the Estate of Rose v. Alessio v. First Community Trust, N.A.
Supreme Court of Iowa
1Opinion of the Court
WIGGINS, Justice.
An executor brought a cause of action against a bank for failing to obtain court approval for investments it made on behalf of the deceased when the deceased was under conservatorship and the bank acted as conservator. The district court dismissed the executor’s claim. On appeal, our court of appeals affirmed the judgment of the district court. On further review, we affirm the decision of the court of appeals and the district court because the conservator’s failure to seek prior approval of the investment of the ward’s property under Iowa Code section 633.647 (2009) does not,…
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