Prompt Payment Act

  1. Law
  2. South Dakota Codified Laws
  3. Public Property, Purchases and Contracts
  4. Prompt Payment Act

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Section
5-26-1

Definitions.

Section
5-26-2

Deadlines for payments.

Section
5-26-3

Interest on overdue payments--Rate.

Section
5-26-3.1

Payment of less than five dollars in interest prohibited.

Section
5-26-4

Additional appropriations for interest prohibited.

Section
5-26-5

Disputed payments exempt--Notice of dispute required.

Section
5-26-6

Time for payments to subcontractors and suppliers--Interest on overdue amounts--When payments due.

Section
5-26-7

Citation of chapter.

Section
5-26-8

Exemptions of transactions between government agencies.