7 U.S. Code § 9033 - Term of loans

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(a) Term of loan
In the case of each loan commodity, a marketing assistance loan under section 9031 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. 113–79, title I, § 1203,Feb. 7, 2014, 128 Stat. 676.)

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The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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7 USCDescription of ChangeSession YearPublic LawStatutes at Large
§ 9033new2014113-79 [Sec.] 1203128 Stat. 676

 

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