State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-12 > Statute-51a-12-15

51A-12-15. Compounding interest and service fees. A bank may compound the interest or service fees charged on loans when disclosed in writing to the borrower.

Source: SL 1981, ch 346, § 62; SDCL, § 51-24-16.

State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-12 > Statute-51a-12-15

51A-12-15. Compounding interest and service fees. A bank may compound the interest or service fees charged on loans when disclosed in writing to the borrower.

Source: SL 1981, ch 346, § 62; SDCL, § 51-24-16.