Term of loans
7 U.S.C. § 8733
in effect(a) Term of loanIn 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 prohibitedThe Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Source: OLRC USLMURL: https://uscode.house.gov/download/releasepoints/us/pl/119/95/xml_usc07@119-95.zipFetched: 6/3/2026
