{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/10.1-1024.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/10.1-1024.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/10.1-1024.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/10.1-1024.html"}],"law_id":82201,"edition_id":1,"section_id":82201,"structure_id":15219,"section_number":"10.1-1024","catch_line":"Gifts and bequests to Foundation","history":"1992, c. 426; 2000, c. 1053.","full_text":"Gifts, devises and bequests of money, securities and other assets accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax laws.","order_by":null,"text":{"0":{"id":294612,"text":"Gifts, devises and bequests of money, securities and other assets accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax laws.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15219,"edition_id":1,"name":"Virginia Land Conservation Foundation","identifier":"10.2","label":"chapter","depth":3,"order_by":1,"parent_id":12893,"metadata":{},"date_created":"2026-06-26 03:53:07","date_modified":"2026-06-26 03:53:07","permalink":{"id":143549,"object_type":"structure","relational_id":15219,"identifier":"10.2","token":"10.1\/I\/10.2","url":"\/10.1\/I\/10.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12893,"edition_id":1,"name":"Activities Administered by the Department of Conservation and Recreation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12740,"metadata":{},"date_created":"2026-06-26 03:43:59","date_modified":"2026-06-26 03:43:59","permalink":{"id":143315,"object_type":"structure","relational_id":12893,"identifier":"I","token":"10.1\/I","url":"\/10.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12740,"edition_id":1,"name":"Conservation","identifier":"10.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":143313,"object_type":"structure","relational_id":12740,"identifier":"10.1","token":"10.1","url":"\/10.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":80745,"structure_id":15219,"section_number":"10.1-1017","catch_line":"Foundation created","url":"\/10.1-1017\/","token":"10.1\/I\/10.2\/10.1-1017","metadata":false},{"id":71549,"structure_id":15219,"section_number":"10.1-1018","catch_line":"Virginia Land Conservation Board of Trustees; membership; terms; vacancies; compensation and expenses","url":"\/10.1-1018\/","token":"10.1\/I\/10.2\/10.1-1018","metadata":false},{"id":77430,"structure_id":15219,"section_number":"10.1-1018.1","catch_line":"Reporting","url":"\/10.1-1018.1\/","token":"10.1\/I\/10.2\/10.1-1018.1","metadata":false},{"id":79651,"structure_id":15219,"section_number":"10.1-1019","catch_line":"Executive secretary; land management","url":"\/10.1-1019\/","token":"10.1\/I\/10.2\/10.1-1019","metadata":false},{"id":86514,"structure_id":15219,"section_number":"10.1-1020","catch_line":"Virginia Land Conservation Fund; purposes of Foundation","url":"\/10.1-1020\/","token":"10.1\/I\/10.2\/10.1-1020","metadata":false},{"id":87197,"structure_id":15219,"section_number":"10.1-1021","catch_line":"Powers of the Foundation","url":"\/10.1-1021\/","token":"10.1\/I\/10.2\/10.1-1021","metadata":false},{"id":73324,"structure_id":15219,"section_number":"10.1-1021.1","catch_line":"Geographic distribution of land protected","url":"\/10.1-1021.1\/","token":"10.1\/I\/10.2\/10.1-1021.1","metadata":false},{"id":67856,"structure_id":15219,"section_number":"10.1-1021.2","catch_line":"Additional powers of the Foundation; requests for conservation easement dispute mediation","url":"\/10.1-1021.2\/","token":"10.1\/I\/10.2\/10.1-1021.2","metadata":false},{"id":69719,"structure_id":15219,"section_number":"10.1-1022","catch_line":"Expenditure of restricted funds","url":"\/10.1-1022\/","token":"10.1\/I\/10.2\/10.1-1022","metadata":false},{"id":66543,"structure_id":15219,"section_number":"10.1-1022.1","catch_line":"Expenditure of funds for natural area protection","url":"\/10.1-1022.1\/","token":"10.1\/I\/10.2\/10.1-1022.1","metadata":false},{"id":64478,"structure_id":15219,"section_number":"10.1-1023","catch_line":"Certain expenditures prohibited","url":"\/10.1-1023\/","token":"10.1\/I\/10.2\/10.1-1023","metadata":false},{"id":82201,"structure_id":15219,"section_number":"10.1-1024","catch_line":"Gifts and bequests to Foundation","url":"\/10.1-1024\/","token":"10.1\/I\/10.2\/10.1-1024","metadata":false},{"id":59429,"structure_id":15219,"section_number":"10.1-1025","catch_line":"Forms of accounts and records; audit of same","url":"\/10.1-1025\/","token":"10.1\/I\/10.2\/10.1-1025","metadata":false},{"id":57957,"structure_id":15219,"section_number":"10.1-1026","catch_line":"Cooperation of state agencies","url":"\/10.1-1026\/","token":"10.1\/I\/10.2\/10.1-1026","metadata":false}],"previous_section":{"id":64478,"structure_id":15219,"section_number":"10.1-1023","catch_line":"Certain expenditures prohibited","url":"\/10.1-1023\/","token":"10.1\/I\/10.2\/10.1-1023","metadata":false},"next_section":{"id":59429,"structure_id":15219,"section_number":"10.1-1025","catch_line":"Forms of accounts and records; audit of same","url":"\/10.1-1025\/","token":"10.1\/I\/10.2\/10.1-1025","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/10.1-1024\/","history_text":"<p>This law was first created in 1992. The record of its establishment is cataloged in chapter 426 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1992 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2000, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?001+ful+CHAP1053\">1053<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":143595,"object_type":"law","relational_id":82201,"identifier":"10.1-1024","token":"10.1\/I\/10.2\/10.1-1024","url":"\/10.1-1024\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/10.1-1024\/","token":"10.1\/I\/10.2\/10.1-1024","dublin_core":{"Title":"Gifts and bequests to Foundation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 10.1-1024","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Gifts, devises and bequests of money, securities and other <span class=\"dictionary\">assets<\/span> accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax <span class=\"dictionary\">laws<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nGIFTS AND BEQUESTS TO FOUNDATION (\u00a7 10.1-1024)\n\nGifts, devises and bequests of money, securities and other assets accepted by\nthe Foundation, whether personal or real property, shall be deemed to be gifts\nto the Commonwealth, which shall be exempt from all state and local taxes and\nshall be regarded as property of the Commonwealth for the purposes of all tax\nlaws.\n\nHISTORY: 1992, c. 426; 2000, c. 1053.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}