S.D. Codified Laws § 53-11-5

Current through the 2024 Legislative Session

Section 53-11-5 - Restoration of everything of value by party rescinding

The party rescinding a contract must restore to the other party everything of value which he has received from him under the contract, or must offer to restore the same, upon condition that such party shall do likewise, unless the latter is unable or positively refuses to do so.

SDCL 53-11-5

CivC 1877, § 967, subdiv 2; CL 1887, § 3591, subdiv 2; RCivC 1903, § 1285, subdiv 2; RC 1919, § 906 (2); SDC 1939, § 10.0804 (2).