- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 45. Trade Practices
- Section 30. Action For Recovery of Double Amount of Usurious Interest Paid.
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. Higher Rate of Interest Prohibited.
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. Usurious Rate as Working Forfeiture of Entire Interest.
AS 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.
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