21-12-1. Grounds for rescission.
61 words·~1 min read·
/sd/title-21/chapter-21-12/21-12-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The rescission of a written contract may be adjudged on the application of a party aggrieved:
(1)In any of the cases mentioned in § 53-11-2 ;
(2)Where the contract is unlawful, for causes not apparent upon its face, and the parties were not equally in fault;
(3)When the public interest will be prejudiced by permitting it to stand.