[USC02] 7 USC 9033: Term of loans
Result 1 of 1
   
 
7 USC 9033: Term of loans Text contains those laws in effect on November 27, 2020
From Title 7-AGRICULTURECHAPTER 115-AGRICULTURAL COMMODITY POLICY AND PROGRAMSSUBCHAPTER II-MARKETING LOANS
Jump To: Source Credit

§9033. Term of loans

(a) Term of loan

In 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 prohibited

The 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 .)