Alaska Const. art. 89, § 2

Alaska Constitution

Article 89, § 2 — Loans by Federally Insured Depository Institutions

Alaska Const. art. 89, § 2 (Loans by Federally Insured Depository Institutions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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CitationAlaska Const. art. 89, § 2

Bluebook

Alaska Const. art. 89, § 2.

Full Text

The maximum lawful rate of interest, discount points, finance charges, or other similar charges that may be charged, taken, received, or reserved from time to time in any loan or financing transaction by or to any federally insured depository institution having its main office in this State shall be the maximum rate of interest that was applicable to federally insured depository institutions under 12 U.S.C. § 1831u effective on March 1, 2009.

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The maximum lawful rate of interest, discount points, finance charges, or other similar charges that may be charged, taken, received, or reserved from time to time in any loan or financing transaction by or to any federally insured depository institution having its main office in this State shall be the maximum rate of interest that was applicable to federally insured depository institutions under 12 U.S.C. § 1831u effective on March 1, 2009.

History

Effective: 2011-01-01