U.S. Code, Title 7, Agriculture

Author: "U.S. Congress, Office of the Law Revision Counsel"

Show Summary

§ 7234. Repayment of Loans

(a) Repayment rates for wheat, feed grains, and oilseeds

     The Secretary shall permit a producer to repay a marketing assistance loan under section 7231 of this title for wheat, corn, grain sorghum, barley, oats, and oilseeds at a rate that is the lesser of—

     (1) the loan rate established for the commodity under section 7232 of this title, plus interest (as determined by the Secretary); or

     (2) a ra