Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.45. TRADE PRACTICES. |
Article 45.45.01. INTEREST. |
Section 45.45.020. Higher rate of interest prohibited.
Latest version.
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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)