Title 7, AgricultureRelease 119-110
§7933 Term of Loans
Title 7 › CHAPTER 106 — COMMODITY PROGRAMS › SUBCHAPTER II — MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS › § 7933
Summary
Marketing assistance loans run nine months, starting on the first day of the month after they are made, and the Secretary cannot extend them.
Full Legal Text
Title 7, §7933
Agriculture, Source: USLM XML via OLRC
(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.
Reference
Citations & Metadata
Citation
7 U.S.C. § 7933
Title 7, Agriculture
Last Updated
Sep 22, 2026
Release point: 119-110