South Dakota § 54-6A-2 Lease

South Dakota Statutes

§ 54-6A-2 — Lease

South Dakota § 54-6A-2

Title 54DEBTOR AND CREDITOR

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

This text of South Dakota § 54-6A-2 (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-2 (2026).

Text

A lease - purchase agreement is an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

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A lease - purchase agreement is an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.