South Dakota § 54-4-44.1 - Device, subterfuge, or pretense to evade maximum finance charge prohibited--Penalties.
Full text of South Dakota South Dakota Codified Laws § 54-4-44.1 — Device, subterfuge, or pretense to evade maximum finance charge prohibited--Penalties., with citation guidance and answers to common questions.
§ 54-4-44.1. Device, subterfuge, or pretense to evade maximum finance charge prohibited--Penalties.
No person may engage in any device, subterfuge, or pretense to evade the requirements of § 54-4-44, including, but not limited to, making loans disguised as a personal property sale and leaseback transaction; disguising loan proceeds as a cash rebate for the pretextual installment sale of goods or services; or making, offering, assisting, or arranging a debtor to obtain a loan with a greater rate of interest, consideration, or charge than is permitted by this chapter through any method including mail, telephone, internet, or any electronic means regardless of whether the person has a physical location in the state. Notwithstanding any other provision of this chapter, a violation of this section is subject to the penalties in § 54-4-44.
Source: SL 2017, ch 221 (Initiated Measure 21), § 3, eff. Nov. 16, 2016.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 54-4-44.1
What does South Dakota Codified Laws § 54-4-44.1 cover?
Section 54-4-44.1 ("Device, subterfuge, or pretense to evade maximum finance charge prohibited--Penalties.") 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 § 54-4-44.1?
A common citation format is "South Dakota Codified Laws § 54-4-44.1" (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 § 54-4-44.1 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.