§ 53-4-12 Provision that contract not avoided by errors in description--Right to rescind for fraud or mistake.

SD Codified L § 53-4-12 (2019) (N/A)
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53-4-12. Provision that contract not avoided by errors in description--Right to rescind for fraud or mistake. A provision that errors of description shall not avoid a contract or shall be subject to compensation or both does not take away the right of rescission for fraud, nor for mistake, where such mistake is in a matter essential to the inducement of the contract and is not capable of exact and entire compensation.

Source: CivC 1877, § 966; CL 1887, § 3590; RCivC 1903, § 1284; RC 1919, § 905; SDC 1939, § 10.0803.