S.D. Codified Laws § 54-3A-3
Current through the 2024 Legislative Session
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.
SDCL 54-3A-3