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2015 South Dakota Codified Laws
Title 54 - DEBTOR AND CREDITOR
Chapter 04 - Money Lending Licenses
§ 54-4-75 Debt cancellation contracts and debt suspension contracts permitted.

SD Codified L § 54-4-75 (2015) What's This?

54-4-75. Debt cancellation contracts and debt suspension contracts permitted.

A licensee pursuant to this chapter may enter into debt cancellation contracts and debt suspension contracts and charge a fee for those contracts in connection with any extension of credit that it makes, purchases, or of which it accepts assignment.

Source: SL 2012, ch 235, ยง 4.

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