Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Servicehello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Policy Risk Index
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution
Aliens

Knowledge

Search Polipedia
Daily Briefings
Calculators
Policy Risk Index
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

South Dakota Statutes, Title 54

™

Your Policy Risk Impact Agent

South Dakota/Statutes

← All South Dakota coverage

Title 54, DEBTOR AND CREDITOR

19 chapters · 279 sections in this title.

All chapters in Title 54279 Ch 4, MONEY LENDING LICENSES53 Ch 14, MORTGAGE LENDER BUSINESS40 Ch 9, ASSIGNMENT FOR BENEFIT OF CREDITORS33 Ch 3A, CONSUMER INSTALLMENT SALES CONTRACTS25 Ch 13, STATE FARM MEDIATION BOARD18 Ch 15, SECURITY FREEZE ON CREDIT REPORT16 Ch 3, INTEREST AND USURY14 Ch 10, SECURED CREDITORS' CLAIMS IN LIQUIDA…14 Ch 8A, UNIFORM FRAUDULENT TRANSFER ACT12 Ch 1, DEFINITIONS AND GENERAL PROVISIONS10 Ch 6A, LEASE-PURCHASE AGREEMENTS FOR PERSON…10 Ch 11, CREDIT CARDS AND REVOLVING CHARGE AC…10 Ch 16, CREDIT REPORTING SECURITY FREEZE FOR…10 Ch 8, ACTS IN FRAUD OF CREDITORS8

10 sections·Filtered byTitle 54✕Ch 11✕

SDCL § 54-11-1 Credit card and accepted credit card defined
0.6K chars
The term, credit card, or, accepted credit card, as used in this chapter, means any credit card, identification card, or device which the cardholder has requested and received from any issuer or business, or has signed or has used, or has authorized another to use, for the purpos…
SDCL § 54-11-12 Change in terms of credit card agreement
0.4K chars
A credit card issuer may change the terms of any credit card agreement if such right of amendment has been reserved. A credit card issuer shall provide notice of such change, and the right to reject such change, in accordance with, and solely to the extent required by 12 C.F.R. 1…
SDCL § 54-11-4 Unsolicited issuance of credit card prohibited--No liability for misuse by others
0.3K chars
No credit card shall be issued unless its issuance was requested nor shall any person who has not so solicited or has not accepted or utilized an unsolicited credit card be liable to the person who issued it or honored it for its misuse by others. Source: SL 1968, ch 199 , § 4.
SDCL § 54-11-5 "Revolving charge account" and "consumer goods and services" defined
0.9K chars

For the purpose of this chapter, "revolving charge account" shall mean an arrangement prescribing terms of transactions which may be made thereunder from time to time pursuant to which a retail seller or person who offers and provides any services gives to a purchaser or user of …

SDCL § 54-11-6.1 Credit service charge permitted on revolving charge account

0.2K chars

A person may collect a credit service charge on any revolving charge account made pursuant to § 54-11-5 , subject to §§ 54-11-6.2 to 54-11-6.4 , inclusive. Source: SL 1979, ch 335 , § 3.

SDCL § 54-11-6.2 Amount of service charge--Requirements--Compounding charge

0.9K chars

A charge may be made in each billing cycle which is a percentage of an amount no greater than the average daily balance of the account, the unpaid balance of the account on approximately the same day of the billing cycle or the median amount within a specified range within which …

SDCL § 54-11-6.3 Maximum service charge

0.5K chars

The charge shall be at a rate or amount agreed upon by the parties involved. If the billing cycle is not monthly, the maximum charge is that percentage which bears the same relation to the agreed upon rate as the number of days in the billing cycle bears to thirty. For the purpos…

SDCL § 54-11-6.4 Minimum charge on monthly bills when service charge less than minimum charge

0.5K chars

If there is an unpaid balance on the date of which the credit service charge is applied and the credit service charge pursuant to this section is less than the minimum charge, a minimum charge not exceeding fifty cents may be made if the billing cycle is monthly. If the billing c…

SDCL § 54-11-8 Bank loan accounts unaffected

0.2K chars

The provisions of §§ 54-11-5 and 54-11-6.1 shall not apply to a revolving loan account arrangement made by a bank pursuant to § 51A-12-12 . Source: SL 1974, ch 306 , § 2.

SDCL § 54-11-9 Creation of contract between card holder and issuer

0.4K chars

The use of an accepted credit card or the issuance of a credit card agreement and the expiration of thirty days from the date of issuance without written notice from a card holder to cancel the account creates a binding contract between the card holder and the card issuer with re…