36-21A-100. Contracts violating subdivision sale provisions void and unenforceable--Recovery of money paid plus interest.
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.
Source: SL 1992, ch 273, §100.