A bank 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 to its customers. Source: SL 2004, ch 290 , § 2.
Debt cancellation contracts and debt suspension contracts--Fee
SDCL § 51A-4-46 — under GENERAL POWERS OF BANKS.
SDCL § 51A-4-46