Statutes > South Dakota Statutes > Title 5 - PUBLIC PROPERTY, PURCHASES AND CONTRACTS > Chapter 26 - Prompt Payment Act > Section 5-26-3.1 - Payment of less than five dollars in interest prohibited.

Section 5-26-3.1 - Payment of less than five dollars in interest prohibited.

5-26-3.1. Payment of less than five dollars in interest prohibited. No agency is required to pay interest due because of late payment if the interest is less than five dollars.

Source: SL 1985, ch 45, § 5; SL 1988, ch 59, § 3.