A charge may not be collected for the deferral of an installment payment or any part thereof if the unpaid balance is refinanced.
S.D. Codified Laws § 54-3A-16
Deferral charge not collected on refinancing
Source: SL 1974, ch 305, § 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.