Interest rate on notes.

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13-19-4. Interest rate on notes.

The rate of interest shall be stated on the note authorized by §13-19-1 and shall be negotiated by the parties.

Source: SL 1955, ch 41, ch 10, §16; SDC Supp 1960, §15.2216 (5); SL 1965, ch 48; SL 1980, ch 129; SL 1983, ch 28, §37.


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