Alaska Statutes: AS 45.45.050. Recovery By Assignee of Usurious Contract of Amount Paid.

Alaska Statutes. Title 45. Trade and Commerce Chapter 45. Trade Practices Section 50. Recovery By Assignee of Usurious Contract of Amount Paid.

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AS 45.45.050. Recovery By Assignee of Usurious Contract of Amount Paid.

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.

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