South Dakota Reservation of Additional Interests in Production

State:
Multi-State
Control #:
US-OG-819
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

There is no federal regulation on the maximum interest rate that your issuer can charge you, though each state has its own approach to limiting interest rates. State usury laws often dictate the highest interest rate that can be charged on loans, but these often don't apply to credit card loans.

Codified Law 43-32-35 | South Dakota Legislature. 43-32-35. Service animal documentation requirements. The supporting documentation shall confirm the tenant's disability and the relationship between the tenant's disability and the need for the requested accommodation.

Lenders that offer high-interest loans currently cannot charge more than 60% interest. On the other hand, payday lenders are subject to the maximum rates set by the province they operate in.

While the tax is net income-based, SDCL 10-43-90 imposes a minimum financial institution tax specific to South Dakota chartered trust companies. The minimum financial institution tax applied to South Dakota chartered trust companies is tiered over the first five years of operations.

Minnesota statute limits interest rates to 6 percent in general, and 8 percent for written contracts. Exceptions to the limits include state banks, state credit unions, dealers under the SEC Act, and loans secured by savings accounts.

South Dakota interest rate laws generally defer to contract law. One exception is a 12 percent limit on judgments. Generally speaking, South Dakota's interest rate limit is 15 percent. Beyond this fact, there is no usury limitation per se in the State of South Dakota..

FindLaw Newsletters Stay up-to-date with how the law affects your life Legal Maximum Rate of Interest6% (§47-14-05); if contract in writing, up to 5.5% higher than average interest on treasury bills, but maximum must be at least 7% (§47-14-09)Interest Rates on JudgmentsContract rate, otherwise 12% (§28-20-34)2 more rows

An easement is a permanent right authorizin-g a person or party to use the land or property of another for a particular purpose. In this case, a utility acquires certain rights to build and maintain a transmission line.

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South Dakota Reservation of Additional Interests in Production