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Code · South Dakota · Title 54 · Chapter 54-3

54-3-17. Recommendations for amendment of official rates.

50 words·~1 min read·/sd/title-54/chapter-54-3/54-3-17

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The Division of Banking shall annually review current interest rates, which review shall take into account the national rate of inflation and the prime lending rate as well as other indices division personnel deem proper, and, if necessary, shall recommend amendments to § 54-3-16 to the Legislature during regular session.
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