South Dakota Statutes
§ 54-4-75 — Debt cancellation contracts and debt suspension contracts permitted.
A licensee pursuant to this chapter may enter into debt cancellation contracts and debt suspension contracts and charge a fee for those contracts in connection with any extension of credit that it makes, purchases, or of which it accepts assignment.
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South Dakota § 54-4-75 (Debt cancellation contracts and debt suspension contracts permitted.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2012, ch 235, § 4.
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.