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<section article="gbr" article_name="Business Regulation" number="6.5-101" title_number="6.5" title_name="Protection of Charitable Assets" subtitle_number="1">
  <level label="a">
    <text>In this title the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <level label="1">
      <text>“Charitable asset” means property that is given, received, or held for a charitable purpose, including all interest in:</text>
      <level label="i">
        <text>real property; or</text>
      </level>
      <level label="ii">
        <text>tangible or intangible personal property.</text>
      </level>
    </level>
    <level label="2">
      <text>“Charitable asset” includes:</text>
      <level label="i">
        <text>cash;</text>
      </level>
      <level label="ii">
        <text>remainder interests;</text>
      </level>
      <level label="iii">
        <text>conservation or preservation easements or restrictions; and</text>
      </level>
      <level label="iv">
        <text>charitable contributions.</text>
      </level>
    </level>
    <level label="3">
      <text>“Charitable asset” does not include property acquired or held for a for–profit purpose.</text>
    </level>
  </level>
  <level label="c">
    <text>“Charitable purpose” means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose whose achievement is beneficial to the community.</text>
  </level>
</section>
