36-21A-100. Contracts violating subdivision sale provisions void and unenforceable--Recovery of money paid plus interest.
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/sd/title-36/chapter-36-21/36-21a-100A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Failure to comply with the provisions of §§ 36-21A-93 to 36-21A-98 , inclusive, make any contract entered into in this state void and unenforceable. Money paid under that contract to the certificate holder, together with interest at the Category A rate of interest as established in § 54-3-16 from date of the payment, may be recovered in a civil action.