21-3A-9. Discount factor.
If future damages are determined in accordance with §21-3A-4 but are ordered to be paid in advance of the period to which they apply, or base figures are required under §21-3A-6, the court shall apply a discount factor of three percent, compounded annually.
Source: SL 1986, ch 163, §9.
Structure South Dakota Codified Laws
Chapter 03A - Periodic Payments Of Certain Judgments And Settlements
Section 21-3A-1 - Definition of terms.
Section 21-3A-1.1 - Purposes of chapter.
Section 21-3A-1.2 - Applicability of chapter.
Section 21-3A-3 - Calculation of damages by trier of fact.
Section 21-3A-5 - Judgment entered on verdict requiring special damages.
Section 21-3A-7 - Security authorized for payment of judgment for periodic installments.
Section 21-3A-9 - Discount factor.
Section 21-3A-11 - Satisfaction of judgment and discharge of debtor.
Section 21-3A-12 - Rules established by director of Division of Insurance.