SDCL § 54-3-17: Recommendations for amendment of official rates.
Where this section sits in the code
- TITLE 54. DEBTOR AND CREDITOR
- CHAPTER 54-3. INTEREST AND USURY
The Division of Banking shall annually review current interest rates, which review shall take into account the national rate of inflation and the prime lending rate as well as other indices division personnel deem proper, and, if necessary, shall recommend amendments to § 54-3-16 to the Legislature during regular session.
Collected 2026-09-03T15:18:57Z. Source file · JSON