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For the purposes of this Article XVI, the following terms shall have the following meanings:
“Local Enterprise” means small businesses, nonprofits, cooperatives, and community land trusts that operate primarily in San Francisco.
“Municipal Finance Corporation” (“MFC”) means a non-depository lending corporation that is wholly-owned by the City.
“Public Bank” means a City “public bank” as defined by California Government Code Section 57600(b)(1), as may be amended from time to time.
(Added by Ord. 87-21, File No. 210078, App. 7/2/2021, Eff. 8/2/2021)