{"data":{"id":"us-ak/as-45.45.060","jurisdiction":"us-ak","citation":"AS 45.45.060","heading":"Contract not usurious because of agreement to pay taxes.","body":"A contract made in the state between borrower and lender, debtor and creditor, or mortgagor and mortgagee, on which the rate of interest is the legal rate of interest specified in AS 45.45.010 or less, by which one party agrees to pay the taxes on the debt, credit, or mortgage existing or entered into between the parties, is legal and valid and is not usurious.","path":["Title 45. Trade and Commerce.","Chapter 45. Trade Practices."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.45.060","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"0f567f3d2b55ae5353b4b7d01cc95bf44667c4a5aa71d7cebf492d191a522fe5","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.45.050","next":"us-ak/as-45.45.070"},"notice":"GroundRules: Original legal text. Not legal advice."}