FEDERAL · 7 U.S.C. · Chapter 106
Term of loans
Current through Pub. L. 119-102
(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.
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7 U.S.C. § 7933 (Term of loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
§ 7931
7 U.S.C. § 7931
Source Credit
History
(Pub. L. 107–171, title I, §1203, May 13, 2002, 116 Stat. 156.)