SD · PROM-NOTE · Updated July 2026 · Free
South Dakota Promissory Note PDF
✓100% FREE PERSONALIZED DOCUMENT
· NO REGISTRATION· NO CREDIT CARD· NO EMAIL REQUIRED· WORD & PDF DOWNLOAD
South Dakota at a glance: Usury Limit: No limit (if written) · Default Legal Rate: 12% per year · Governing Law: S.D. Codified Laws § 54-3-4
Path A · Instant Blank Form
Download Blank Template
Get a print-ready template instantly. Best if you want to print and fill the document by hand. No questions, no registration.
✓Effort: Immediate (Manual fill)
✓Formats: DOCX or PDF
Path B · Recommended Choice
Build Personalized Document
Answer simple questions to customize this document. Generates all required clauses, terms, and state-specific details for South Dakota.
✦Effort: 5–10 minutes (guided wizard)
✦Outcome: Tailored PDF & editable Word file
✦Feature: Auto-saves in browser, start and stop anytime
Personalize Online →
100% Free · No registration or email required
Overview
Promissory Notes in South Dakota
South Dakota does not limit interest rates on written contracts. If no interest rate is written in the note, the default legal rate is 12% per year.
Key Facts
South Dakota Promissory Note — Quick Reference
| Requirement | South Dakota Rule |
|---|---|
| Usury Limit | No limit (if written) |
| Default Legal Rate | 12% per year |
| Governing Law | S.D. Codified Laws § 54-3-4 |
Legal Requirements
South Dakota Legal Requirements
- Agreement must be in writing to justify any agreed rate.
Governing Laws
South Dakota Governing Laws
S.D. Codified Laws § 54-3-4
Legal Rate of Interest
Defines the legal rate and permits unlimited written rates.
Read the full text of these laws at Cornell Law School's South Dakota legal resources or your state legislature's official website.
Questions & Answers
South Dakota Promissory Note — Frequently Asked Questions
Is there a limit on interest rates in South Dakota?
No, South Dakota has no usury cap on signed written agreements.