Civil liability for representation violations

SDCL § 37-25A-49 — under BUSINESS OPPORTUNITIES.

SDCL § 37-25A-49

Any person who violates §§ 37-25A-43 , 37-25A-45 , and 37-25A-46 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 , § 49.