§ 12:07:14:14

ARSD 12:07:14:14

Interest rates.

Effective Apr 14, 201917 SDR 141Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019. | General Authority: SDCL 1 -53-30 . | Law Implemented: SDCL 1-53-24, 1-53-29 .

The loan interest rate cannot exceed the lender's lowest interest rate for loans for the type of livestock to be purchased with the proceeds of the loan.

Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.

General Authority: SDCL 1 -53-30 .

Law Implemented: SDCL 1-53-24, 1-53-29 .

Prior versions effective: 1991-03-25.