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2021 South Dakota Codified Laws
Title 54 - Debtor and Creditor
Chapter 03 - Interest And Usury
Section 54-3-15 - Exemption from federal preemption of state usury laws.
Universal Citation: SD Codified L § 54-3-15 (2021)
54-3-15.Exemption from federal preemption of state usury laws.
The provisions of 12 U.S. C. 1735f-7, 12 U.S.C. 86a and 15 U.S.C. 687 in effect on December 31, 1980, which preempt state usury laws, do not apply to loans made in the state of South Dakota.
Source: SL 1981, ch 351.
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