There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 54 DEBTOR AND CREDITOR
Chapter 03A. Consumer Installment Sales Contracts
§54-3A-8.1 Restriction on use of rule.
SD Codified L § 54-3A-8.1 (through 2012) What's This?
54-3A-8.1. Restriction on use of rule. The Rule of 78 as defined in § 54-3A-8 may not be used in any consumer installment sales contract. The Rule of 78 may, however, be used to compute the unearned premium on insurance.
Source: SL 1984, ch 320, § 1.
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