Skip to content

7 U.S.C. § 7233

Title 7 Chapter 100 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 7233. Term of loans

  • (a) 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) 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) The Secretary may not extend the term of a marketing assistance loan for any loan commodity.

Change History

No history yet for this section.