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Code · STATUTE-COMPILATIONS · Agricultural Act of 2014 · Sec. 1203

Sec. 1203. TERM OF LOANS

73 words·~1 min read·/statute-compilations/comps-10872/sec-1203

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## SEC. 1203 TERM OF LOANS **[**[7 U.S.C. 9033](/us/usc/t7/s9033)**]** ###
(a)Term of Loan 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. ###
(b)Extensions Prohibited The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
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Sec. 1203
TERM OF LOANS
U.S.C.§ 9033
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