Alaska § 45.45.060 - Contract not usurious because of agreement to pay taxes.
Full text of Alaska Alaska Statutes § 45.45.060 — Contract not usurious because of agreement to pay taxes., with citation guidance and answers to common questions.
§ 45.45.060. Contract not usurious because of agreement to pay taxes.
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.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.45.060
What does Alaska Statutes § 45.45.060 cover?
Section 45.45.060 ("Contract not usurious because of agreement to pay taxes.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.45.060?
A common citation format is "Alaska Statutes § 45.45.060" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.45.060 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.