Section 6.5-101 - Definitions(a) In this title the following words have the meanings indicated.(b)(1) "Charitable asset" means property that is given, received, or held for a charitable purpose, including all interest in: (ii) tangible or intangible personal property.(2) "Charitable asset" includes:(ii) remainder interests;(iii) conservation or preservation easements or restrictions; and(iv) charitable contributions.(3) "Charitable asset" does not include property acquired or held for a for-profit purpose.(c) "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.Added by 2014 Md. Laws, Ch. 654,Sec. 1, eff. 10/1/2014.