00a184bb3c
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>
40 lines
1.6 KiB
Markdown
40 lines
1.6 KiB
Markdown
---
|
||
type: "LegalText"
|
||
title: "7 U.S.C. § 7233"
|
||
description: "Term of loans"
|
||
jurisdiction: "us"
|
||
corpus: "united_states_code"
|
||
kind: "code_section"
|
||
title_number: 7
|
||
title_name: "AGRICULTURE"
|
||
chapter_number: "100"
|
||
chapter_name: "AGRICULTURAL MARKET TRANSITION"
|
||
section: "7233"
|
||
citation: "7 U.S.C. § 7233"
|
||
status: "current"
|
||
release_point: "119-100"
|
||
release_date: "2026-06-26"
|
||
source: "official"
|
||
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip"
|
||
source_identifier: "/us/usc/t7/s7233"
|
||
source_file: "data/legal/raw/us/code/title-07/usc07.xml"
|
||
source_hash: "b67ad8fe57669be91310d64c653ff308526afd402a5c555e5e1bdd3872633f75"
|
||
raw_snapshot_hash: "50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984"
|
||
text_hash: "42ddd4d16404cb3c1ff69c8590fb20c6a2402a69ed65e32a5a8a1ff1826caf5f"
|
||
retrieved_at: "2026-07-04"
|
||
confidence: "official"
|
||
tags: ["legal", "us-code"]
|
||
---
|
||
|
||
# 7 U.S.C. § 7233 - Term of loans
|
||
|
||
## Text
|
||
|
||
(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.
|
||
|
||
(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.
|
||
|
||
(c) Extensions prohibited The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
|
||
|
||
(Pub. L. 104–127, title I, § 133, Apr. 4, 1996, 110 Stat. 907.)
|