Statutes, codes, and regulations
Alaska Statutes
Title 45 - TRADE AND COMMERCEChapter 45.45 - TRADE PRACTICES
Article 01 - INTEREST
Section 45.45.030 - Action for recovery of double amount of usurious interest paid

Alaska Stat. § 45.45.030

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Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 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 two years after the payment, recover from the person receiving the payment double the amount of the interest received or collected.

AS 45.45.030