{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/4.1-1500.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/4.1-1500.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/4.1-1500.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/4.1-1500.html"}],"law_id":363089,"edition_id":2,"section_id":363089,"structure_id":51827,"section_number":"4.1-1500","catch_line":"Definitions","history":"2021, Sp. Sess. I, cc. 550, 551.","full_text":"As used in this chapter, unless the context requires a different meaning:\n\n&#8220;CDFI&#8221; means a community development financial institution that provides credit and financial services for underserved communities.\n\n&#8220;Fund&#8221; means the Virginia Cannabis Equity Business Loan Fund established in \u00a7 4.1-1501.\n\n&#8220;Funding&#8221; means loans made from the Fund.\n\n&#8220;Program&#8221; means the Virginia Cannabis Equity Business Loan Program established in \u00a7 4.1-1502.\n\n&#8220;Social equity qualified cannabis licensee&#8221; means a person or business who meets the criteria in \u00a7 4.1-606 to qualify as a social equity applicant and who either holds or is in the final stages of acquiring, as determined by the Board, a license to operate a marijuana establishment.\n\n","order_by":null,"text":{"0":{"id":1352939,"text":"As used in this chapter, unless the context requires a different meaning:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1352940,"text":"&#8220;CDFI&#8221; means a community development financial institution that provides credit and financial services for underserved communities.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"2":{"id":1352941,"text":"&#8220;Fund&#8221; means the Virginia Cannabis Equity Business Loan Fund established in \u00a7 4.1-1501.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"3":{"id":1352942,"text":"&#8220;Funding&#8221; means loans made from the Fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"4":{"id":1352943,"text":"&#8220;Program&#8221; means the Virginia Cannabis Equity Business Loan Program established in \u00a7 4.1-1502.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"5":{"id":1352944,"text":"&#8220;Social equity qualified cannabis licensee&#8221; means a person or business who meets the criteria in \u00a7 4.1-606 to qualify as a social equity applicant and who either holds or is in the final stages of acquiring, as determined by the Board, a license to operate a marijuana establishment.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":51827,"edition_id":2,"name":"Virginia Cannabis Equity Business Loan Program and Fund","identifier":"15","label":"chapter","depth":3,"order_by":10,"parent_id":51821,"metadata":{"child_laws":4,"child_structures":0},"date_created":"2026-08-02 02:49:31","date_modified":"2026-08-02 12:27:49","permalink":{"id":1446525,"object_type":"structure","relational_id":51827,"identifier":"15","token":"4.1\/II\/15","url":"\/4.1\/II\/15\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51821,"edition_id":2,"name":"Cannabis Control Act","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":51818,"metadata":{"child_laws":71,"child_structures":11},"date_created":"2026-08-02 02:49:20","date_modified":"2026-08-02 12:27:48","permalink":{"id":1446417,"object_type":"structure","relational_id":51821,"identifier":"II","token":"4.1\/II","url":"\/4.1\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51818,"edition_id":2,"name":"Alcoholic Beverage and Cannabis Control","identifier":"4.1","label":"title","depth":1,"order_by":7,"parent_id":null,"metadata":{"child_laws":276,"child_structures":24},"date_created":"2026-08-02 02:49:20","date_modified":"2026-08-02 12:27:46","permalink":{"id":1445571,"object_type":"structure","relational_id":51818,"identifier":"4.1","token":"4.1","url":"\/4.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":363089,"structure_id":51827,"section_number":"4.1-1500","catch_line":"Definitions","url":"\/4.1-1500\/","token":"4.1\/II\/15\/4.1-1500","metadata":false},{"id":363090,"structure_id":51827,"section_number":"4.1-1501","catch_line":"Virginia Cannabis Equity Business Loan Fund","url":"\/4.1-1501\/","token":"4.1\/II\/15\/4.1-1501","metadata":false},{"id":363091,"structure_id":51827,"section_number":"4.1-1502","catch_line":"Selection of CDFI; Program requirements; guidelines for management of the Fund","url":"\/4.1-1502\/","token":"4.1\/II\/15\/4.1-1502","metadata":false},{"id":363092,"structure_id":51827,"section_number":"4.1-1503","catch_line":"Annual reports","url":"\/4.1-1503\/","token":"4.1\/II\/15\/4.1-1503","metadata":false}],"next_section":{"id":363090,"structure_id":51827,"section_number":"4.1-1501","catch_line":"Virginia Cannabis Equity Business Loan Fund","url":"\/4.1-1501\/","token":"4.1\/II\/15\/4.1-1501","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/4.1-1500\/","history_text":false,"references":false,"refers_to":[{"id":363090,"section_number":"4.1-1501","catch_line":"Virginia Cannabis Equity Business Loan Fund","order_by":null,"url":"\/4.1-1501\/"},{"id":363091,"section_number":"4.1-1502","catch_line":"Selection of CDFI; Program requirements; guidelines for management of the Fund","order_by":null,"url":"\/4.1-1502\/"},{"id":363260,"section_number":"4.1-606","catch_line":"Regulations of the Board","order_by":null,"url":"\/4.1-606\/"}],"permalink":{"id":1446527,"object_type":"law","relational_id":363089,"identifier":"4.1-1500","token":"4.1\/II\/15\/4.1-1500","url":"\/4.1-1500\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/4.1-1500\/","token":"4.1\/II\/15\/4.1-1500","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 4.1-1500","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>As used in this chapter, unless the context requires a different meaning:<\/p><p>&#8220;<span class=\"dictionary\">CDFI<\/span>&#8221; means a community development financial institution that provides credit and financial services for underserved communities.<\/p><p>&#8220;<span class=\"dictionary\">Fund<\/span>&#8221; means the Virginia Cannabis <span class=\"dictionary\">Equity<\/span> Business Loan <span class=\"dictionary\">Fund<\/span> established in \u00a7&nbsp;<a class=\"law\" title=\"Virginia Cannabis Equity Business Loan Fund\" href=\"\/4.1-1501\/\">4.1-1501<\/a>.<\/p><p>&#8220;<span class=\"dictionary\">Funding<\/span>&#8221; means loans made from the <span class=\"dictionary\">Fund<\/span>.<\/p><p>&#8220;<span class=\"dictionary\">Program<\/span>&#8221; means the Virginia Cannabis <span class=\"dictionary\">Equity<\/span> Business Loan <span class=\"dictionary\">Program<\/span> established in \u00a7&nbsp;<a class=\"law\" title=\"Selection of CDFI; Program requirements; guidelines for management of the Fund\" href=\"\/4.1-1502\/\">4.1-1502<\/a>.<\/p><p>&#8220;<span class=\"dictionary\">Social equity qualified cannabis licensee<\/span>&#8221; means a person or business who meets the criteria in \u00a7&nbsp;<a class=\"law\" title=\"Regulations of the Board\" href=\"\/4.1-606\/\">4.1-606<\/a> to qualify as a social equity applicant and who either holds or is in the final stages of acquiring, as determined by the <span class=\"dictionary\">Board<\/span>, a license to operate a <span class=\"dictionary\">marijuana establishment<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 4.1-1500)\n\nAs used in this chapter, unless the context requires a different meaning:\n\n&#8220;CDFI&#8221; means a community development financial institution that\nprovides credit and financial services for underserved communities.\n\n&#8220;Fund&#8221; means the Virginia Cannabis Equity Business Loan Fund\nestablished in \u00a7 4.1-1501.\n\n&#8220;Funding&#8221; means loans made from the Fund.\n\n&#8220;Program&#8221; means the Virginia Cannabis Equity Business Loan Program\nestablished in \u00a7 4.1-1502.\n\n&#8220;Social equity qualified cannabis licensee&#8221; means a person or\nbusiness who meets the criteria in \u00a7 4.1-606 to qualify as a social equity\napplicant and who either holds or is in the final stages of acquiring, as\ndetermined by the Board, a license to operate a marijuana establishment.\n\nHISTORY: 2021, Sp. Sess. I, cc. 550, 551.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}