South Dakota Codified Laws 58-19-14. Amount charged debtor not to exceed premium charged by insurer–Misdemeanor
Current as of: 2023 | Check for updates
|
Other versions
The amount charged to a debtor for any credit life or credit health insurance shall not exceed the premiums charged by the insurer, as computed at the time the charge to the debtor is determined. Violation of this section is a Class 2 misdemeanor.
Attorney's Note
Under the South Dakota Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 2 misdemeanor | up to 30 days | up to $500 |
Source: SL 1966, ch 111, ch 27, § 8 (4); SL 1978, ch 359, § 2.