Statutes, codes, and regulations
South Dakota Codified Laws
Title 53 - CONTRACTS
Chapter 11 - EXTINCTION AND ALTERATION OF CONTRACTS
Section 53-11-4 - Prompt action by party rescinding on discovery of duress, undue influence, or disability

S.D. Codified Laws § 53-11-4

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Current through the 2024 Legislative Session
Section 53-11-4 - Prompt action by party rescinding on discovery of duress, undue influence, or disability

The party rescinding a contract must rescind promptly, upon discovering the facts which entitle him to rescind, if he is free from duress, undue influence, or disability, and is aware of his right to rescind.

SDCL 53-11-4

CivC 1877, § 967, subdiv 1; CL 1887, § 3591, subdiv 1; RCivC 1903, § 1285, subdiv 1; RC 1919, § 906 (1); SDC 1939, § 10.0804 (1).