South Dakota Statutes

§ 54-3-17 — Recommendations for amendment of official rates.

South Dakota·Title 54 DEBTOR AND CREDITOR·Ch. 54-2 INTEREST AND USURY
The Division of Banking shall annually review current interest rates, which review shall take into account the national rate of inflation and the prime lending rate as well as other indices division personnel deem proper, and, if necessary, shall recommend amendments to § 54-3-16 to the Legislature during regular session.

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Related

First National Bank of Minneapolis v. Kehn Ranch, Inc.
394 N.W.2d 709 (South Dakota Supreme Court, 1986)
66 case citations

Legislative History

SL 1984, ch 319, § 2.

Nearby Sections

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