Logourl black

Charitable trust

Definition

A public trust created for the benefit of a charitable purpose rather than an ascertainable beneficiary that is exempt from the rule against perpetuities and which the state Attorney General has standing to enforce.

Related Rules [?]


The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.