SD · SERVICE-AGMT · Updated July 2026 · Free
South Dakota Service Agreement
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South Dakota at a glance: Default Interest: 15% per year (S.D.C.L. § 54-3-4) · Governing Law: South Dakota Codified Laws Title 54
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Overview
Service Agreements in South Dakota
South Dakota service agreements are governed by Title 54 of the South Dakota Codified Laws. Late fees must comply with the 15% statutory cap unless written (S.D.C.L. § 54-3-4).
Key Facts
South Dakota Service Agreement — Quick Reference
| Requirement | South Dakota Rule |
|---|---|
| Default Interest | 15% per year (S.D.C.L. § 54-3-4) |
| Governing Law | South Dakota Codified Laws Title 54 |
Legal Requirements
South Dakota Legal Requirements
- Late fees exceeding 15% per year must be in writing to be enforceable.
Governing Laws
South Dakota Governing Laws
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 Service Agreement — Frequently Asked Questions
What is the default contract interest rate in South Dakota?
The default rate is 15% per annum.