Title 7 — AgricultureRelease 119-73
§7933 Term of loans
Title 7 › Chapter CHAPTER 106— - COMMODITY PROGRAMS › Subchapter SUBCHAPTER II— - MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS › § 7933
Summary
Marketing assistance loans last 9 months, starting the first day of the month after the loan is made; the Secretary cannot extend them.
Full Legal Text
Title 7, §7933
Agriculture — Source: USLM XML via OLRC
(a)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)The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Reference
Citations & Metadata
Citation
7 U.S.C. § 7933
Title 7 — Agriculture
Last Updated
Apr 6, 2026
Release point: 119-73