Action for recovery of double amount of usurious interest paid.

  1. Law
  2. Alaska Statutes
  3. Trade and Commerce
  4. Trade Practices
  5. Interest.
  6. Action for recovery of double amount of usurious interest paid.

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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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