Public Trust
/ˈpʌblɪk trʌst/
Definitions
- (n.) A principle holding that certain resources and institutions are preserved for public use and benefit, managed by the government as a trustee for the populace.
The public trust doctrine requires the state to protect the shoreline for public access.
- (n.) A fiduciary relationship in which a government or institution holds property or power to benefit the public rather than private interests.
The city acted under a public trust to maintain the parkland for community enjoyment.
Forms
- public trust
Related terms
See also
Commentary
In legal drafting, specifying the scope of 'public trust' often involves clarifying which resources are covered and the nature of government obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.