7 U.S. Code § 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.

Source

(Pub. L. 107–171, title I, § 1203,May 13, 2002, 116 Stat. 156.)

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7 USCDescription of ChangeSession YearPublic LawStatutes at Large

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7 CFR - Agriculture

7 CFR Part 1421 - GRAINS AND SIMILARLY HANDLED COMMODITIES—MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS FOR 2008 THROUGH 2012

7 CFR Part 1425 - COOPERATIVE MARKETING ASSOCIATIONS

 

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