7 USC 7933: Term of loans
Text contains those laws in effect on April 30, 2024
From Title 7-AGRICULTURECHAPTER 106-COMMODITY PROGRAMSSUBCHAPTER II-MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS
Jump To: Source Credit
§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.
(