54-4-44.2. Motor vehicle purchase loan--Fees incident to extension of credit.
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/sd/title-54/chapter-54-4/54-4-44-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of § 54-4-44 , fees contracted for or received that are "incident to the extension of credit" in connection with a loan for the purchase of a motor vehicle do not include fees for optional maintenance agreements and extended service contracts, official fees and taxes, sales tax, title fees, lien registration fees, and dealer documentary fees.