§ 9033 - Term of loans

CHAPTER 115— AGRICULTURAL COMMODITY POLICY AND PROGRAMS › SUBCHAPTER II— MARKETING LOANS

(a) 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) The Secretary may not extend the term of a marketing assistance loan for any loan commodity.