2011 South Dakota Code
Title 54 DEBTOR AND CREDITOR
Chapter 11. Credit Cards And Revolving Charge Accounts
§54-11-11 Card holder's right to reject certain changes in terms--Alternative time and means.


SD Codified L § 54-11-11 (through 2011) What's This?

54-11-11. Card holder's right to reject certain changes in terms--Alternative time and means. In lieu of the card holder's right to reject certain changes in terms within twenty-five days pursuant to § 54-11-10, the issuer may require the card holder to provide written notice of such rejection not less than five days prior to the effective date of the change if the issuer has sent notice of the proposed change in terms under §§ 54-11-10 and 54-11-11 to the card holder not less than thirty days prior to the effective date of the change. The issuer may provide the card holder an alternative means by which to communicate the card holder's rejection of the change in terms, so long as the alternative means is not more burdensome to the card holder.

Source: SL 2005, ch 259, § 2.

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