South Dakota Statutes
§ 54-3A-9 — Rebate of portion of finance charge on prepayment or refinancing--Exceptions.
South Dakota § 54-3A-9
This text of South Dakota § 54-3A-9 (Rebate of portion of finance charge on prepayment or refinancing--Exceptions.) 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-9 (2026).
Text
Upon prepayment in full of the unpaid balance of an installment sales contract, or upon a refinancing or a consolidation thereof, an amount equal to the total finance charge contracted for, less the finance charge earned, shall be rebated to the buyer. If the total of all rebates, refunds and credits to be paid to the buyer under this chapter is less than one dollar, no rebate need be made.
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Legislative History
SL 1974, ch 305, § 3; SL 1984, ch 320, § 2.
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-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-3A-9.