{"data":{"id":"us-sd/sdcl-51a-12-2.4","jurisdiction":"us-sd","citation":"SDCL § 51A-12-2.4","heading":"Derivative transaction defined.","body":"For purposes of § 51A-12-2.3, a derivative transaction is any transaction that is a contract, agreement, swap, warrant, note, or option that is based in whole, or in part, on the value of any interest in, or any quantitative measure or the occurrence of any event relating to interest rates.\nSource: SL 2013, ch 240, § 2.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-12. BANK LOANS"],"source_url":"https://sdlegislature.gov/Statutes/51A-12-2.4","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"94f091b4d747b7fba5cbed72955825708f63e9e611874a9f02187e43c7b265b0","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-12-2.3","next":"us-sd/sdcl-51a-12-3"},"notice":"GroundRules: Original legal text. Not legal advice."}