Legal rate of interest stipulated by contract after breach

Any legal rate of interest, stipulated by a contract, remains chargeable after a breach thereof, as before, until the contract is superseded by a verdict or other new obligation. Source: CivC 1877, § 1102; CL 1887, § 3725; RCivC 1903, § 1421; RC 1919, § 1045; SDC 1939, § 38.0106. 54-3-7. Repealed by SL 1981, ch 350 , § 1. 54-3-7.1. Repealed by SL 1982, ch 341 , § 4. 54-3-7.2. Repealed by SL 1972, ch 258 . 54-3-7.3. Omitted. 54-3-7.4. Omitted.