South Dakota § 54-11-5 - "Revolving charge account" and "consumer goods and services" defined.
Full text of South Dakota South Dakota Codified Laws § 54-11-5 — "Revolving charge account" and "consumer goods and services" defined., with citation guidance and answers to common questions.
§ 54-11-5. "Revolving charge account" and "consumer goods and services" defined.
For the purpose of this chapter, "revolving charge account" shall mean an arrangement prescribing terms of transactions which may be made thereunder from time to time pursuant to which a retail seller or person who offers and provides any services gives to a purchaser or user of services the privilege of using a credit card or other means of credit confirmation or identification primarily for the purpose of purchasing consumer goods or services, as that term is hereafter defined, from any person, which may include the retail seller or provider of services, and under which an interest charge may be periodically imposed.
For the purpose of §§ 54-11-5 to 54-11-8, inclusive, "consumer goods and services" mean all goods and services provided to the public by sellers or providers of personal services.
Source: SL 1974, ch 306, § 1; SL 1975, ch 301.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 54-11-5
What does South Dakota Codified Laws § 54-11-5 cover?
Section 54-11-5 (""Revolving charge account" and "consumer goods and services" defined.") 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 § 54-11-5?
A common citation format is "South Dakota Codified Laws § 54-11-5" (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 § 54-11-5 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.