{"data":{"id":"us-dc/d.c.-code-2-1210.01","jurisdiction":"us-dc","citation":"D.C. Code § 2-1210.01","heading":"Definitions.","body":"For the purposes of this subchapter, the term:\n\n(1)\n“Capital access loan” means a loan that is entitled to be secured by the Fund.\n\n(2)\n“Enrolled loan” means a capital access loan issued in accordance with:\n(A)\nThe participation agreement; and\n(B)\nThe program’s objectives.\n\n(3)\n“Financial institution” includes a bank, trust company, banking association, savings and loan association, mortgage company, investment bank, credit union, or nontraditional financial institution.\n\n(4)\n“Fund” means the Capital Access Fund established by § 2-1210.02.\n\n(5)\n“Loan” includes a line of credit.\n\n(6)\n“Medium-sized business” means a corporation, partnership, sole proprietorship, or other legal entity that:\n(A)\nIs domiciled in the District of Columbia or has at least 51% of its employees located in the District of Columbia;\n(B)\nIs formed to make a profit; and\n(C)\nEmploys at least 100, but fewer than 500, full-time employees.\n\n(7)\n“Nonprofit organization” means a corporation, association, or organization which is tax-exempt under section 501(c)(3) of the Internal Revenue Code of 1986, approved August 16, 1954 (68A Stat. 163; 26 U.S.C. § 501(c)(3)), that:\n(A)\nIs domiciled in the District of Columbia; or\n(B)\nHas at least 51% of its members located in the District of Columbia.\n\n(8)\n“Participating financial institution” means a financial institution participating in the program.\n\n(9)\n“Program” means the Capital Access Program.\n\n(10)\n“Reserve account” means an account established in a participating financial institution on approval of the bank in which money is deposited to serve as a source of additional revenue to reimburse the financial institution for losses on loans enrolled in the program.\n\n(11)\n“Small business” means a corporation, partnership, sole proprietorship, or other legal entity that:\n(A)\nIs domiciled in the District of Columbia or has at least 51% of its employees located in the District of Columbia;\n(B)\nIs formed to make a profit;\n(C)\nIs independently owned and operated; and\n(D)\nEmploys fewer than 100 full-time employees.","path":["Title 2. Government Administration.","Chapter 12. Business and Economic Development.","Subchapter V-A. Access to Capital for Businesses and Nonprofit Organizations."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/2-1210.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ca3a62dae4f924637c2dc377090e113804d4a586929a1635467ee171e10ec464","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-2-1209.14","next":"us-dc/d.c.-code-2-1210.02"},"notice":"GroundRules: Original legal text. Not legal advice."}