SDCL § 54-3-16: Official state interest rates.
Where this section sits in the code
- TITLE 54. DEBTOR AND CREDITOR
- CHAPTER 54-3. INTEREST AND USURY
The official state interest rates, as referenced throughout the South Dakota Codified Laws, are as follows:
(1) Category A rate of interest is four and one-half percent per year;
(2) Category B rate of interest is ten percent per year;
(3) Category C rate of interest is twelve percent per year;
(4) Category D rate of interest is one percent per month or fraction thereof;
(5) Category E rate of interest is four percent per year;
(6) Category F rate of interest is fifteen percent per year; and
(7) Category G rate of interest is five-sixth percent per month or fraction thereof.
Collected 2026-09-03T15:18:57Z. Source file · JSON