7-U.S.C.-8733
§8733 – Term of Loans
Pathway
Title 7 > Chapter 113 > Subchapter II > Section 8733
Details
- Reference: Section 8733
- Legend: §8733 – 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 8731 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. 110–234, title I, §1203, May 22, 2008, 122 Stat. 956; Pub. L. 110–246, §4(a), title I, §1203, June 18, 2008, 122 Stat. 1664, 1684.)
Codification
Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.
U.S. Encyclopedia of Law Coverage
7-U.S.C.-8718 in the Legal Encyclopedia: Agriculture
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7-U.S.C.-8733 in the Legal Encyclopedia: Marketing
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7-U.S.C.-7237 in the Legal Encyclopedia: Loans
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