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7 U.S.C. § 9033

U.S. CodeFederal
Term of loans
About This Law
/us/usc/t7/s9033
Title
7 — Agriculture
Chapter
CH115
Release
119-84
Release Date
2026-04-17

Section Text

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(a) Term of loanIn 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 prohibitedThe Secretary may not extend the term of a marketing assistance loan for any loan commodity. (Pub. L. 113–79, title I, § 1203, Feb. 7, 2014, 128 Stat. 676.)

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