South Dakota § 54-6A-4 Disclosure of information.

South Dakota Statutes

§ 54-6A-4 — Disclosure of information.

South Dakota § 54-6A-4

Title 54DEBTOR AND CREDITOR

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

This text of South Dakota § 54-6A-4 (Disclosure of information.) 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-4 (2026).

Text

The lessor shall disclose to the consumer the information required by this chapter. In a transaction involving more than one lessor, only one lessor need make the disclosures, but all lessors shall be bound by such disclosures. The disclosures shall be made at or before consummation of the lease - purchase agreement. The disclosures shall be made clearly and conspicuously in writing and a copy of the lease - purchase agreement provided to the consumer. The disclosures required under § 54-6A-5 shall be made on the face of the contract above the line for the consumer's signature. If a disclosure becomes inaccurate as the result of any act, occurrence, or agreement by the consumer after delivery of the required disclosures, the resulting inaccuracy is not a violation of this chapter.

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The lessor shall disclose to the consumer the information required by this chapter. In a transaction involving more than one lessor, only one lessor need make the disclosures, but all lessors shall be bound by such disclosures. The disclosures shall be made at or before consummation of the lease - purchase agreement. The disclosures shall be made clearly and conspicuously in writing and a copy of the lease - purchase agreement provided to the consumer. The disclosures required under § 54-6A-5 shall be made on the face of the contract above the line for the consumer's signature. If a disclosure becomes inaccurate as the result of any act, occurrence, or agreement by the consumer after delivery of the required disclosures, the resulting inaccuracy is not a violation of this chapter.