South Dakota Codified Laws 21-3A-9. Discount factor
Current as of: 2023 | Check for updates
|
Other versions
If future damages are determined in accordance with § 21-3A-4 but are ordered to be paid in advance of the period to which they apply, or base figures are required under § 21-3A-6, the court shall apply a discount factor of three percent, compounded annually.
Terms Used In South Dakota Codified Laws 21-3A-9
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
Source: SL 1986, ch 163, § 9.