Title 7, AgricultureRelease 119-110
§9033 Term of Loans
Title 7 › CHAPTER 115 — AGRICULTURAL COMMODITY POLICY AND PROGRAMS › SUBCHAPTER II — MARKETING LOANS › § 9033
Summary
Marketing assistance loans for any loan commodity must last nine months. The nine-month period starts on the first day of the month after the month when the loan was made, and the Secretary cannot extend that term.
Full Legal Text
Title 7, §9033
Agriculture, Source: USLM XML via OLRC
(a)Term of loan
In the case of each loan commodity, a marketing assistance loan under section 9031 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. § 9033
Title 7, Agriculture
Last Updated
Sep 22, 2026
Release point: 119-110