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7 U.S.C. § 8733 - U.S. Code - Unannotated Title 7. Agriculture § 8733. Term of loans

Current as of January 01, 2024 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - 7 U.S.C. § 8733 - U.S. Code - Unannotated Title 7. Agriculture § 8733. Term of loans - last updated January 01, 2024 | https://codes.findlaw.com/us/title-7-agriculture/7-usc-sect-8733/

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