Term of loan
section 8731 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.
Extensions prohibited
The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Pub. L. 110–234, title I, § 1203122 Stat. 956 Pub. L. 110–246, § 4(a)122 Stat. 1664 (, , ; , title I, § 1203, , , 1684.)
Editorial Notes
Codification
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4(a) of Pub. L. 110–246 and enacted identical sections. was repealed by .
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of this titleEnactment of this section and repeal of by effective , the date of enactment of , see , set out as a note under .