This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Cost Of Delay in South Dakota

In South Dakota, the cost of delay on a money judgment is set by statute at 10% per year. This rate is established under S.D. Codified Laws § 21-1-13.1, which applies to Category B judgments and references the interest rate in § 54-3-16(2). The statute provides that the judgment earns interest from the date it is entered until paid. The calculation is straightforward: the judgment amount accrues simple interest at the statutory rate over the period of delay. The worked example below demonstrates how this formula applies in practice. For an estimate of interest on a specific judgment, the DocketMath calculator can compute the total using the official rate and the exact time period.

Governing authority

In South Dakota, the cost of delay rule is set by S.D. Codified Laws § 21-1-13.1 (Category B, § 54-3-16(2)). The verified packet cites S.D. Codified Laws § 21-1-13.1 (Category B, § 54-3-16(2)) (https://sdlegislature.gov/Statutes/Code/Index/21-1-13).

South Dakota cost of delay: the verified value is 10% under S.D. Codified Laws § 21-1-13.1 (Category B, § 54-3-16(2)). The verified packet cites S.D. Codified Laws § 21-1-13.1 (Category B, § 54-3-16(2)) (https://sdlegislature.gov/Statutes/Code/Index/21-1-13).

Estimate your own result: every situation has exceptions that can change the outcome. Use the cost of delay calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.