District Of Columbia § 2-1210.02 - Establishment of the Capital Access Fund.
Full text of District Of Columbia D.C. Code § 2-1210.02 — Establishment of the Capital Access Fund., with citation guidance and answers to common questions.
§ 2-1210.02. Establishment of the Capital Access Fund.
2-1210.02There is established as a nonlapsing fund the Capital Access Fund, which shall be used solely for the uses and purposes set forth in subsections (d) and (e) of this section. The Fund shall be funded by appropriations and from other amounts received by the District for the administration of the program. All funds collected from these sources shall be deposited into the Capital Access Fund.
All funds deposited into the Capital Access Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time, but shall be continually available for the uses and purposes set forth in subsections (d) and (e) of this section without regard to fiscal year limitation, subject to authorization by Congress.
All funds deposited in the Capital Access Fund shall be exempt from the requirements imposed by subchapter III-A of [ et seq.]. The Fund shall be administered as an agency fund under .
The funds in the Fund shall be used solely to:
Administer the Capital Access Program, including uses and expenditures authorized pursuant to subsection (e) of this section; and
Make deposits in the reserve account of a participating financial institution as authorized by this subchapter to be a source of money that the participating financial institution may receive as reimbursement for losses attributable to enrolled loans in the program.
The Mayor shall administer the Fund and shall have the powers necessary to carry out the purposes of this subchapter, including the power to:
Make, execute, and deliver contracts, conveyances, and other instruments necessary to the exercise of his or her powers;
Employ personnel and counsel;
Except as otherwise provided by this subchapter, impose and collect fees and charges in connection with any transaction and provide for reasonable penalties for delinquent payment of fees or charges; and
Adopt rules relating to the use and administration of the Fund pursuant to this subchapter.
The District may accept gifts, grants, donations, and awards from any source, including the federal government, for the purposes of this subchapter.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 2-1210.02
What does D.C. Code § 2-1210.02 cover?
Section 2-1210.02 ("Establishment of the Capital Access Fund.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 2-1210.02?
A common citation format is "D.C. Code § 2-1210.02" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 2-1210.02 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.