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§ 45-45-050 — Alaska Law | CourtGPT
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  2. Laws/
  3. Alaska/
  4. Title 45 - Trade and Commerce/
  5. Chapter 45 - Trade Practices/
  6. Article 1 - Interest.sec. 45.45.010. Legal Rate of Interest; Prepayment of Interest/
  7. § 45-45-050
Alaska Legal Code

§ 45-45-050

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AS 45.45.010 - 45.45.070 do not prevent the bona fide assignee of a usurious contract from recovering against the immediate assignor, or the original usurer, the full amount paid by the assignee for the contract if the assignee did not have notice of the usury affecting the contract.