In the case of each loan commodity, a marketing assistance loan under section 7931 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.
The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
7 U.S.C. § 7933
- Secretary
- The term "Secretary" means the Secretary of Agriculture.
- loan commodity
- The term "loan commodity" means wheat, corn, grain sorghum, barley, oats, upland cotton, extra long staple cotton, rice, soybeans, other oilseeds, wool, mohair, honey, dry peas, lentils, and small chickpeas.