Pub. L. 107-171, tit. I, subtit. B, sec. 1203 (as amended)
TERM OF LOANS.
SEC. 1203. [7 U.S.C. 7933] TERM OF LOANS.
(a) Term of Loan.—In the case of each loan commodity, a marketing assistance loan under section 1201 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.
- Cross-references to the US Code
- 7 U.S.C. 7933