7 U.S.C. § 7933Chapter 106
§7933. Term of loans
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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§7933. Term of loans
(a) Term of loan
In the case of each loan commodity, a marketing assistance loan under section 7931 of this title shall have a term of 9 months beginning on the first day of the first month after the month in which the loan is made.
(b) Extensions prohibited
The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Last amended: December 31, 2024
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