A contract entered into under AS 45.45.060 may be enforced by the parties to it. However in making an assessment of a credit loan or mortgage, it shall be assessed to the holder of the contract.
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.