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LegalText 7 U.S.C. § 8733 Term of loans us united_states_code code_section 7 AGRICULTURE 113 AGRICULTURAL COMMODITY SUPPORT PROGRAMS 8733 7 U.S.C. § 8733 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s8733 data/legal/raw/us/code/title-07/usc07.xml 6cfaac355f04b322a398e1b429cb7aaef94684c9f505d31be3c8787e26a20980 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 5b5925da72a20ec0f79f0c7a8ccea3413bfcfccd401382f2026d659c70f25381 2026-07-04 official
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7 U.S.C. § 8733 - Term of loans

Text

(a) Term of loan In the case of each loan commodity, a marketing assistance loan under section 8731 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.

(Pub. L. 110234, title I, § 1203, May 22, 2008, 122 Stat. 956; Pub. L. 110246, § 4(a), title I, § 1203, June 18, 2008, 122 Stat. 1664, 1684.)

Notes

Editorial Notes

Codification Pub. L. 110234 and Pub. L. 110246 enacted identical sections. Pub. L. 110234 was repealed by section 4(a) of Pub. L. 110246.

Statutory Notes and Related Subsidiaries

Effective DateEnactment of this section and repeal of Pub. L. 110234 by Pub. L. 110246 effective May 22, 2008, the date of enactment of Pub. L. 110234, see section 4 of Pub. L. 110246, set out as a note under section 8701 of this title.