Section 53-11-3 - Rescission not effected by consent--Accomplishment by use of diligence to complywith rules governing rescission.
53-11-3. Rescission not effected by consent--Accomplishment by use of diligence to comply with rules governing rescission. Rescission, when not effected by consent can be accomplished only by the use, on the part of the party rescinding, of reasonable diligence to comply with §§ 53-11-4 and 53-11-5.
Source: CivC 1877, § 967; CL 1887, § 3591; RCivC 1903, § 1285; RC 1919, § 906; SDC 1939, § 10.0804.