Alaska Const. art. 89, § 6

Alaska Constitution

Article 89, § 6 — Misellaneous

Alaska Const. art. 89, § 6 (Misellaneous) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionAlaska DocumentConstitution

Article89

Section§ 6

CitationAlaska Const. art. 89, § 6

Bluebook

Alaska Const. art. 89, § 6.

Full Text

(a) The provisions of this amendment are not intended and shall not be deemed to supersede or otherwise invalidate any provisions of federal law applicable to loans or interest rates including loans secured by residential real property. (b) All contracts under Section 3 having a rate of interest in excess of the maximum lawful rate shall be void as to principal and interest and the General Assembly shall prohibit the same by law.

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(a) The provisions of this amendment are not intended and shall not be deemed to supersede or otherwise invalidate any provisions of federal law applicable to loans or interest rates including loans secured by residential real property. (b) All contracts under Section 3 having a rate of interest in excess of the maximum lawful rate shall be void as to principal and interest and the General Assembly shall prohibit the same by law.

History

Effective: 2011-01-01