43-37-3. Loan for use or exchange subject to provisions relating to loans for exchange.A loan which the lender permits the borrower at his option to treat as a loan for use or for exchange, is subject to all the provisions of this chapter relating to loans for exchange. Source: CivC 1877, §1088; CL 1887, §3711; RCivC 1903, §1407; RC 1919, §1030; SDC 1939, §38.0204.
South Dakota Legal Code