Alaska Statutes Title 45, Chapter 45.45, Article 01 - Interest
- Sec. 45.45.010 Legal Rate of Interest; Prepayment of Interest.
(a) The rate of interest in the state is 10.5 percent a year and no more on money after it is due except as...
- Sec. 45.45.020 Higher Rate of Interest Prohibited.
A person may not, directly or indirectly, receive in money, goods, or things in action, or in any other manner, a greater sum or...
- Sec. 45.45.030 Action for Recovery of Double Amount of Usurious Interest Paid.
If interest greater than that prescribed in AS 45.45.010 and 45.45.020 is received or collected, the person paying it may, by action brought within...
- Sec. 45.45.040 Usurious Rate As Working Forfeiture of Entire Interest.
If, in an action brought on a contract, the court determines that a rate of interest has been contracted for greater than is authorized...
- 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...
- Sec. 45.45.060 Contract Not Usurious Because of Agreement to Pay Taxes.
A contract made in the state between borrower and lender, debtor and creditor, or mortgagor and mortgagee, on which the rate of interest is...
Last modified: November 15, 2016