Alaska Statutes Sec. 45.45.050 - Recovery by Assignee of Usurious Contract of Amount Paid

AS 45.45.010 - 45.45.070 do not prevent the bona fide assignee of a usurious contract from recovering against the immediate assignor, or the original usurer, the full amount paid by the assignee for the contract if the assignee did not have notice of the usury affecting the contract.

Section: Previous  45.45.010  45.45.020  45.45.030  45.45.040  45.45.050  45.45.060    Next

Last modified: November 15, 2016