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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 54-3-3: Annual rate of interest where not specified.

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Where this section sits in the code
  1. TITLE 54. DEBTOR AND CREDITOR
  2. CHAPTER 54-3. INTEREST AND USURY

When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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