<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sdac2bc32-5357-4eed-a47b-ec437b8a770fP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sdac2bc32-5357-4eed-a47b-ec437b8a770fC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdac2bc32-5357-4eed-a47b-ec437b8a770f000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=61:24:03:13"><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000000">61:24:03:13</span></a><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000001">.   Billing requirements.</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> A dealer or lender </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">is</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> billed monthly for the use of the online system if the balance due is over </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">fifty dollars</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">. If the balance is </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">fifty dollars</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> or less, the user </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">is</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> billed when the balance reaches </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">fifty dollars</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> or at the time of renewal, whichever occurs first. </span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">A dealer or lender shall pay any remaining balance due before renewal. </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">Failure to make payment result</span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">s</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> in interest accruing at the rate of one and one-quarter percent per month or </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">five dollars</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> whichever is greater for the first month and one and one-quarter percent for each month thereafter.</span></p><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770f000002"> </span></p><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">    </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000001">Source:</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> 35 SDR 48, effective September 8, 2008</span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">; 50 SDR 157, effective July 1, 2024</span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">.</span></p><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">    </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000001">General Authority:</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=32-6B-60"><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000003">32-6B-60</span></a><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=32-7B-20"><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000003">32-7B-20</span></a><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">.</span></p><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">    </span><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000001">Law Implemented:</span><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=32-3-57"><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0-000003">32-3-57</span></a><span class="sdac2bc32-5357-4eed-a47b-ec437b8a770fC0">.</span></p><p dir="ltr" class="sdac2bc32-5357-4eed-a47b-ec437b8a770fP0"><span xml:space="preserve" class="sdac2bc32-5357-4eed-a47b-ec437b8a770f000002"> </span></p></div></body></html>