S.D. Codified Laws § 54-3-2

Current through the 2024 Legislative Session

Section 54-3-2 - Loan of money-Presumption as to interest

Whenever a loan of money is made it is presumed to be made upon interest, unless it is otherwise expressly stipulated at the time in writing.

SDCL 54-3-2

CivC 1877, § 1094; CL 1887, § 3717; RCivC 1903, § 1413; RC 1919, § 1036; SDC 1939, § 38.0104.