Home/South Dakota/Statutes/Title 54: DEBTOR AND CREDITOR/Ch. 54-2: INTEREST AND USURY/§ 54-3-15
South Dakota Statutes

§ 54-3-15 — Exemption from federal preemption of state usury laws.

South Dakota § 54-3-15
JurisdictionSouth Dakota
Title 54DEBTOR AND CREDITOR
Ch. 54-2INTEREST AND USURY

This text of South Dakota § 54-3-15 (Exemption from federal preemption of state usury laws.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 54-3-15 (2026).

Text

The provisions of 12 U.S.C. 1735f-7, 12 U.S.C. 86a and 15 U.S.C. 687 in effect on December 31, 1980, which preempt state usury laws, do not apply to loans made in the state of South Dakota.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

§ 1735f
12 U.S.C. § 1735f
§ 86a
12 U.S.C. § 86a
§ 687
15 U.S.C. § 687

Legislative History

SL 1981, ch 351.

Nearby Sections

15
§ 54-1-1
Definition of terms--Debtor--Creditor.
§ 54-1-10
Securitization transaction--Transferor to lose interest in transferred property.
§ 54-1-2
Loan of money defined.
§ 54-1-3
Debtor's contract valid in the absence of fraud.
§ 54-1-4
Preference of creditors by debtor.
§ 54-1-5
Marshaling of funds--Rights of creditor.
§ 54-1-6
"Open account" defined.
§ 54-1-7
Open account--Interest rates.
§ 54-1-8
Open account--Notice of interest rate increase.
§ 54-1-9
"Securitization" defined.
§ 54-10-1
Definition of terms.
§ 54-10-10
Value of security, determination by liquidator's sale of assets--Order of sale, requirements.
§ 54-10-11
Value of exempt security not credited upon claim.
§ 54-10-12
Application of chapter to existing transactions.
§ 54-10-13
Uniformity of interpretation of chapter.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 54-3-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-3-15.