State Codes and Statutes

Statutes > South-dakota > Title-15 > Chapter-17 > Statute-15-17-39

15-17-39. Evidence of debt for attorneys' fees upon default or foreclosure against public policy--Exception. Any provision contained in any note, bond, mortgage, or other evidence of debt that provides for payment of attorneys' fees in case of default of payment or foreclosure is against public policy and void, except as authorized by specific statute.

Source: SL 1992, ch 148, § 4; SL 1993, ch 165.

State Codes and Statutes

Statutes > South-dakota > Title-15 > Chapter-17 > Statute-15-17-39

15-17-39. Evidence of debt for attorneys' fees upon default or foreclosure against public policy--Exception. Any provision contained in any note, bond, mortgage, or other evidence of debt that provides for payment of attorneys' fees in case of default of payment or foreclosure is against public policy and void, except as authorized by specific statute.

Source: SL 1992, ch 148, § 4; SL 1993, ch 165.