7 U.S.C. 7933: Term of loansText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 7-AGRICULTURECHAPTER 106-COMMODITY PROGRAMS
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§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.
( Pub. L. 107–171, title I, § 1203 , May 13, 2002 , 116 Stat. 156 .)
