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Arizona Revised Statutes Title 44. Trade and Commerce § 44-1202. Forfeiture of all interest upon obligation involving interest exceeding the maximum amount set by contract

Current as of January 01, 2025 | Updated by Findlaw Staff

A person shall not directly or indirectly take or receive in money, goods or things in action, or in any other way, any greater sum or any greater value for the loan or forbearance of any money, goods or things in action, than the maximum permitted by law. Any person, contracting for, reserving or receiving, directly or indirectly, any greater sum of value shall, forfeit all interest.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 44. Trade and Commerce § 44-1202. Forfeiture of all interest upon obligation involving interest exceeding the maximum amount set by contract - last updated January 01, 2025 | https://codes.findlaw.com/az/title-44-trade-and-commerce/az-rev-st-sect-44-1202/

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