South Dakota Collection Laws

INTEREST RATE

• Legal: 12%
• Judgment: 10%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 6
• Sale of Goods: 4
• Written Contract: 6
• Domestic Judgment: 20
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
20% of the individuals disposable earnings for a 60 day period

COLLECTION AGENCY BOND & LICENSE

• Bond: No
• License: No
• Fee: No

This site has taken this information from the website listed in this state. We will not be held liable for any errors or for not updating. Updates are done every 3 months.