7 U.S.C. § 7933 — Term of loans

submitted 24 years ago by Pub. L. 107-171 to r/title-7-AGRICULTURE · 65 words · no verdicts yet

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the actual law source: uscode.house.gov ↗public domain

(a) Term of loan

In the case of each loan commodity, a marketing assistance loan under section 7931 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 credit: (Pub. L. 107–171, title I, § 1203, May 13, 2002, 116 Stat. 156.)

history & why it existsrecord from the source credit

2002Enacted · Pub. L. 107-171 · 116 Stat. 156

A history note hasn’t been published yet. The record shows enactment by Pub. L. 107-171 on 2002-05-13.

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