{"data":{"id":"us-ak/as-45.35.030","jurisdiction":"us-ak","citation":"AS 45.35.030","heading":"Late fees.","body":"(a) A lessor may not charge a consumer more than $5 for each payment that is late under a lease-purchase agreement.\n(b) When calculating time for the purpose of determining whether a lease payment is late and subject to a late fee under a lease-purchase agreement, a lessor may not include any period of time when the personal property has been repossessed by the lessor or voluntarily surrendered by the consumer.","path":["Title 45. Trade and Commerce.","Chapter 35. Lease-Purchases of Personal Property."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.35.030","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"de340c91d25d84c28cdd276014083d33921b3d7bb17b3a12c84e9003c744f56d","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.35.020","next":"us-ak/as-45.35.040"},"notice":"GroundRules: Original legal text. Not legal advice."}