(1) Property owned by a nonprofit corporation is held for charitable purposes if:
(a) The corporation is a charitable corporation;
(b) The property is subject to restrictions contained in a gift instrument that limit its use only to one or more charitable purposes; or
(c) The property is subject to restrictions contained in the corporation's articles, bylaws, or any record adopted by the corporation's board, or to other limitations in the form of a record, that limit its use only to one or more charitable purposes.