South Dakota Codified Laws 10-43-25.8. Affiliated service income included in numerator
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Affiliated service income shall be included in the numerator specified in § 10-43-25.1 only if the income relates to:
(1) Loans secured primarily by real property or tangible personal property located in this state;
Terms Used In South Dakota Codified Laws 10-43-25.8
- Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
- Personal property: All property that is not real property.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) Loans made to customers located in this state, which are not secured by real property or tangible personal property; or
(3) Credit card receivables from customers in this state.
Source: SL 1996, ch 80, § 2; SL 2014, ch 61, § 12, eff. Jan. 1, 2015.