South Dakota § 54-3A-18 - Refinancing agreement requirements.
Full text of South Dakota South Dakota Codified Laws § 54-3A-18 — Refinancing agreement requirements., with citation guidance and answers to common questions.
§ 54-3A-18. Refinancing agreement requirements.
A refinancing agreement shall:
(1) Be in writing and be signed by the parties;
(2) Incorporate by reference the transaction to which the refinancing agreement applies;
(3) State the amount that is to be refinanced, the date or dates on which the installments were originally payable and the date or dates on which they will become payable; and
(4) State the amount of the charge to be paid by the buyer for the privilege of refinancing, which shall be the difference between the total amount of the finance charge that was to have been paid under the terms of the original contract computed on the assumption that all scheduled installments would have been paid when due and the total finance charge that is to be paid pursuant to the refinancing computed on the assumption that all scheduled installments will be paid when due.
Source: SL 1974, ch 305, § 14.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 54-3A-18
What does South Dakota Codified Laws § 54-3A-18 cover?
Section 54-3A-18 ("Refinancing agreement requirements.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 54-3A-18?
A common citation format is "South Dakota Codified Laws § 54-3A-18" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 54-3A-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.