{"data":{"id":"us-sd/sdcl-54-4-44.4","jurisdiction":"us-sd","citation":"SDCL § 54-4-44.4","heading":"Business-to-business lending exempt.","body":"The provisions of § 54-4-44 that place limitations on licensees that are engaged in the business of making loans do not apply to a licensee engaged in business-to-business lending. For purposes of this section, the term, business-to-business lending, means any lending to or in furtherance of a business, commercial, or agricultural venture that is not for personal, family, or household use and is not secured by a nonpurchase money security interest in a motor vehicle. Any business-to-business lending subject to the provisions of this section shall be in an amount not less than five thousand dollars and only to a borrower with a federal employer identification number.","path":["TITLE 54. DEBTOR AND CREDITOR","CHAPTER 54-4. MONEY LENDING LICENSES"],"source_url":"https://sdlegislature.gov/Statutes/54-4-44.4","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"c150c8dfc36c66dc6d3f05409272a847e1747381c8983bc05e38d00889db7f3f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-54-4-44.3","next":"us-sd/sdcl-54-4-45"},"notice":"GroundRules: Original legal text. Not legal advice."}