§ 9033. Term of loans
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/usc/title-7/section-9033A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Term of loan In the case of each loan commodity, a marketing assistance loan under section 9031 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)Extensions prohibited The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
(Pub. L. 113–79, title I, § 1203, Feb. 7, 2014, 128 Stat. 676.)
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Cited by 12 sections
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- Public Law 116–136To amend the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage
- Public Law 116–260Making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes
statute-compilations
- Sec. 11003The Secretary may extend the term of a marketing assistance loan authorized by section 1201 of the Agricultural Act of 2014 (7 U.S.C. 9033) for any loan commodity to 12 months: * Provided*, That the authority made available pursuant to this section shall expire on September 30, 2020: * Provided further*, That the amount provided by this section is designated by the Congress as being for an emergency requirement pursuant to section 251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985.
- Sec. 1203TERM OF LOANS
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- 128 Stat. 676
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§ 9033
Term of loans
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Pub. L.×3
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Stat.128 Stat. 676
Cites 3Cited by 12 across 4 sources