7-U.S.C.-7933
§7933 – Term of Loans
Pathway
Title 7 > Chapter 106 > Subchapter II > Section 7933
Details
- Reference: Section 7933
- Legend: §7933 – Term of Loans
- USCode Year: 2013
Provision Content
(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.
(Pub. L. 107–171, title I, §1203, May 13, 2002, 116 Stat. 156.)
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