One who practices a deceit with intent to defraud the public, or a particular class of persons, is deemed to have intended to defraud every individual in that class, who is actually misled by the deceit.
S.D. Codified Laws § 20-10-3
Fraud against public or class as fraud against individual
Applied in 1 court decision — leading case Holmes v. Wegman Oil Co. (1992)
Most recently applied in Holmes v. Wegman Oil Co. (November 1992)
Source: CivC 1877, § 976; CL 1887, § 3600; RCivC 1903, § 1294; RC 1919, § 798; SDC 1939, § 47.0403.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.