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

54-3A-3. Finance charges on installment sales contract.

53 words·~1 min read·/sd/title-54/chapter-54-3/54-3a-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Notwithstanding the provisions of any other law, a creditor may contract for and receive, pursuant to an installment sales contract, a finance charge at a rate as agreed upon by the creditor and the consumer by written agreement. The finance charge is expressed and compounded in the same manner as an interest rate.
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