34-34-15 - Existing contracts -- Chapter applicable upon renewal or extension.
34-34-15. Existing contracts -- Chapter applicable upon renewal or extension.
The provisions of this chapter shall not apply to any lawful contract in force on theeffective date of this act, but they shall apply in all respects to contracts entered into after suchdate and to any renewal or extension of any existing contract.
Enacted by Chapter 85, 1969 General Session