2013 South Dakota Codified Laws
Title 37 - TRADE REGULATION
Chapter 25A - Business Opportunities
§ 37-25A-48 Civil liability for registration violations.


SD Codified L § 37-25A-48 (2013) What's This?

37-25A-48. Civil liability for registration violations. Any person who violates §§ 37-25A-7 to 37-25A-9, inclusive, 37-25A-14, 37-25A-16, 37-25A-23, and 37-25A-24 is liable to the purchaser who may sue either at law or in equity for rescission, for recovery of all money or other valuable consideration paid for the business opportunity and for actual damages, together with interest at the legal rate from the date of sale, reasonable attorney's fees and court costs.

Source: SL 1985, ch 305, § 48.

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