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

SDCL § 54-4-66: Maximum amount of payday loan--Violation as misdemeanor.

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Where this section sits in the code
  1. TITLE 54. DEBTOR AND CREDITOR
  2. CHAPTER 54-4. MONEY LENDING LICENSES

The maximum principal amount of any payday loan, or the total outstanding principal balances of all payday loans made by a licensee to a single borrower, may not exceed five hundred dollars at any time. A violation of this section is a Class 1 misdemeanor.

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

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