Section 45.45.020. Higher rate of interest prohibited.  


Latest version.
  • A person may not, directly or indirectly, receive in money, goods, or things in action, or in any other manner, a greater sum or value for the loan or use of money, or upon contract founded upon a bargain, sale, or loan of wares, merchandise, goods, chattels, lands, and tenements, than is prescribed in AS 45.45.010 - 45.45.070.

Notes


History

(Sec. 25-1-2 ACLA 1949)