54-3-6. Legal rate of interest stipulated by contract after breach.Any legal rate of interest, stipulated by a contract, remains chargeable after a breach thereof, as before, until the contract is superseded by a verdict or other new obligation. Source: CivC 1877, §1102; CL 1887, §3725; RCivC 1903, §1421; RC 1919, §1045; SDC 1939, §38.0106.
South Dakota Legal Code