Grounds for rescission.

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21-12-1. Grounds for rescission.

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.

Source: CivC 1877, §2008; CL 1887, §4641; RCivC 1903, §2353; RC 1919, §2024; SDC 1939 & Supp 1960, §37.0701.


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