Legal corpus: U.S. Code titles 1–11 from pinned OLRC XML (11,050 sections)
Raw OLRC USLM XML zips @ release 119-100 (retrieved 2026-07-04 via Atlas depot), ingested with the standard pipeline: raw snapshot -> per-section OKF markdown -> manifest + checksums. Title 52 untouched. LegalText: 171 -> 11,221. Titles 12-54 await a clean OLRC retry. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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---
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type: "LegalText"
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title: "7 U.S.C. § 7233"
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description: "Term of loans"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 7
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title_name: "AGRICULTURE"
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chapter_number: "100"
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chapter_name: "AGRICULTURAL MARKET TRANSITION"
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section: "7233"
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citation: "7 U.S.C. § 7233"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip"
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source_identifier: "/us/usc/t7/s7233"
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source_file: "data/legal/raw/us/code/title-07/usc07.xml"
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source_hash: "b67ad8fe57669be91310d64c653ff308526afd402a5c555e5e1bdd3872633f75"
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raw_snapshot_hash: "50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984"
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text_hash: "42ddd4d16404cb3c1ff69c8590fb20c6a2402a69ed65e32a5a8a1ff1826caf5f"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 7 U.S.C. § 7233 - Term of loans
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## Text
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(a) Term of loan In the case of each loan commodity (other than upland cotton or extra long staple cotton), a marketing assistance loan under section 7231 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.
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(b) Special rule for cotton A marketing assistance loan for upland cotton or extra long staple cotton shall have a term of 10 months beginning on the first day of the month in which the loan is made.
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(c) Extensions prohibited The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
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(Pub. L. 104–127, title I, § 133, Apr. 4, 1996, 110 Stat. 907.)
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