South Dakota Statutes
§ 54-3A-6 — Commencement of term of obligation--Down payments.
The term of a consumer obligation under this chapter, commences with the date the credit is granted unless goods are delivered or services are performed ten days or more after the date credit is granted, in which case the term commences with the date of delivery or performance. Nothing in this section shall prohibit a down payment.
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South Dakota § 54-3A-6 (Commencement of term of obligation--Down payments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1974, ch 305, § 7.
Nearby Sections
15
§ 54-1-2
Loan of money defined.§ 54-1-6
"Open account" defined.§ 54-1-7
Open account--Interest rates.§ 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.§ 54-10-13
Uniformity of interpretation of chapter.