South Dakota Statutes
§ 54-3A-8.1 — Restriction on use of rule.
South Dakota § 54-3A-8.1
This text of South Dakota § 54-3A-8.1 (Restriction on use of rule.) 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 § 54-3A-8.1 (2026).
Text
The Rule of 78 as defined in § 54-3A-8 may not be used in any consumer installment sales contract. The Rule of 78 may, however, be used to compute the unearned premium on insurance.
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Legislative History
SL 1984, ch 320, § 1.
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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 54-3A-8.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-3A-8.1.