Public express trust

{
  "id": "MLC-T-LAW-004020",
  "term": "Public express trust",
  "field": "Law",
  "definition": "A trust intentionally created by a settlor for a charitable, educational, religious, or other purpose that benefits the public or a large segment of it, rather than specific private individuals. Unlike a private trust, it does not have ascertainable beneficiaries and can exist indefinitely. The state's Attorney General is typically empowered to enforce the terms of a public express trust on behalf of the public.",
  "url": "https://mlchart.com/terminology/law/public-express-trust/"
}