Sec. 1203. Term of loans
55 words·~1 min read·
/bill/113/s/10/is/section-1203A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the case of each loan commodity, a marketing assistance loan under section 1201 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.