S.D. Codified Laws § 54-3A-8.1

Current through the 2024 Legislative Session

Section 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.

SDCL 54-3A-8.1

SL 1984, ch 320, § 1.