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.
Structure Alaska Statutes
Sec. 45.45.010. Legal rate of interest; prepayment of interest.
Sec. 45.45.020. Higher rate of interest prohibited.
Sec. 45.45.030. Action for recovery of double amount of usurious interest paid.
Sec. 45.45.040. Usurious rate as working forfeiture of entire interest.
Sec. 45.45.050. Recovery by assignee of usurious contract of amount paid.
Sec. 45.45.060. Contract not usurious because of agreement to pay taxes.
Sec. 45.45.070. Enforcement of contracts entered into under AS 45.45.060.