South Dakota Administrative Rules
Title 61 - Department of Public Safety
Article 61:24 - VEHICLE DEALER LICENSING
Chapter 61:24:03 - Conduct of business
Section 61:24:03:13 - Billing requirements

A dealer or lender is billed monthly for the use of the online system if the balance due is over fifty dollars. If the balance is fifty dollars or less, the user is billed when the balance reaches fifty dollars or at the time of renewal, whichever occurs first. A dealer or lender shall pay any remaining balance due before renewal. Failure to make payment results in interest accruing at the rate of one and one-quarter percent per month or five dollars whichever is greater for the first month and one and one-quarter percent for each month thereafter.

General Authority: SDCL 32-6B-60, 32-7B-20.

Law Implemented: SDCL 32-3-57.