Section 20-10-3 - Fraud against public or class as fraud against individual

20-10-3. Fraud against public or class as fraud against individual.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. Source: CivC 1877, §976; CL 1887, §3600; RCivC 1903, §1294; RC 1919, §798; SDC 1939, §47.0403.