South Dakota § 54-6A-10 Advertisement of lease

South Dakota Statutes

§ 54-6A-10 — Advertisement of lease

South Dakota § 54-6A-10

Title 54DEBTOR AND CREDITOR

Ch. 54-6ALEASE-PURCHASE AGREEMENTS FOR PERSONAL PROPERTY

This text of South Dakota § 54-6A-10 (Advertisement of lease) 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 § 54-6A-10 (2026).

Text

If an advertisement for a lease - purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership of any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable:

(1)That the transaction advertised is a lease - purchase agreement;

(2)The total of payments necessary to acquire ownership; and (3) That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid. Any owner or personnel of any medium in which an advertisement appears or through which it is disseminated is not liable under this section. The provisions of this section do not apply to an advertisement which does not refer to or state the amount of any payment, or which is publ

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If an advertisement for a lease - purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership of any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable: (1) That the transaction advertised is a lease - purchase agreement; (2) The total of payments necessary to acquire ownership; and (3) That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid. Any owner or personnel of any medium in which an advertisement appears or through which it is disseminated is not liable under this section. The provisions of this section do not apply to an advertisement which does not refer to or state the amount of any payment, or which is published in the yellow pages of a telephone directory or in any similar directory of business.