South Dakota Codified Laws 54-3A-12.1. Imposition and collection of returned check charge–Maximum
Current as of: 2023 | Check for updates
|
Other versions
The holder of a contract authorized by this chapter may, if the contract so provides, collect a charge not to exceed thirty dollars for each check, draft, order of withdrawal, or similar payment device that is received by the holder in connection with the contract and that is returned for nonpayment for any reason.
Terms Used In South Dakota Codified Laws 54-3A-12.1
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 2000, ch 228, § 1.