13-19-4. Interest rate on notes. The rate of interest shall be stated on the note authorized by § 13-19-1 and shall be negotiated by the parties.
Source: SL 1955, ch 41, ch 10, § 16; SDC Supp 1960, § 15.2216 (5); SL 1965, ch 48; SL 1980, ch 129; SL 1983, ch 28, § 37.