Public Law 119-83 (04/13/2026)

7 U.S.C. § 7933

Term of loans

(a)

Term of loan

section 7931 of this titleIn the case of each loan commodity, a marketing assistance loan under 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, § 1203116 Stat. 156 (, , .)