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2016 US Code
Title 7 - Agriculture
Chapter 100 - Agricultural Market Transition
Subchapter III - Nonrecourse Marketing Assistance Loans and Loan Deficiency Payments
Sec. 7233 - Term of loans
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| 7 U.S.C. § 7233 (2016) |
| §7233. Term of loans |
|
(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 cottonA 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 prohibitedThe 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.) |
| United States Code, 2012 Edition, Supplement 4, Title 7 - AGRICULTURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 7 - AGRICULTURE CHAPTER 100 - AGRICULTURAL MARKET TRANSITION SUBCHAPTER III - NONRECOURSE MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS Sec. 7233 - Term of loans |
| section 7233 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 110 Stat. 907 |
| Public Law 104-127 |
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