GroundRules
SDCL § 54-3-8: Interest on loan--Advance deduction.
Where this section sits in the code
- TITLE 54. DEBTOR AND CREDITOR
- CHAPTER 54-3. INTEREST AND USURY
The interest which would become due at the end of the term for which a loan is made, not exceeding one year's interest in all, may be deducted from the loan in advance if the parties thus agree.
Collected 2026-09-03T15:18:57Z. Source file · JSON