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.
S.D. Codified Laws § 51A-4-46
Debt cancellation contracts and debt suspension contracts--Fee
Source: SL 2004, ch 290, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.