7 U.S.C. § 9033
Term of loans
(Pub. L. 113–79, title I, § 1203, Feb. 7, 2014, 128 Stat. 676.)
- (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.