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§ 9033. Term of loans

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Release point 119-83 · current through 04/13/2026

§ 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.

Source(Pub. L. 113–79, title I, § 1203,
Feb. 7, 2014
, 128 Stat. 676.)

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Cite this exact text: /us/usc/?id=idf04c465b-3a6e-11f1-addd-bbaf0b3f68e9

Citation URL: /us/usc/t7/s9033?release=119-83